Foster & Motley Inc. Buys 1,638 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Foster & Motley Inc. increased its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 0.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 265,907 shares of the company’s stock after buying an additional 1,638 shares during the quarter. Foster & Motley Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $6,525,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of FNDX. Revolve Wealth Partners LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth $719,000. Janney Montgomery Scott LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 36.0% in the first quarter. Janney Montgomery Scott LLC now owns 28,991 shares of the company’s stock worth $684,000 after buying an additional 7,679 shares during the last quarter. QRG Capital Management Inc. increased its stake in Schwab Fundamental U.S. Large Company ETF by 29.5% in the first quarter. QRG Capital Management Inc. now owns 27,266 shares of the company’s stock worth $644,000 after purchasing an additional 6,214 shares during the period. Kingswood Wealth Advisors LLC increased its stake in Schwab Fundamental U.S. Large Company ETF by 8.8% in the first quarter. Kingswood Wealth Advisors LLC now owns 59,883 shares of the company’s stock worth $1,414,000 after purchasing an additional 4,845 shares during the period. Finally, Johnson Investment Counsel Inc. increased its stake in Schwab Fundamental U.S. Large Company ETF by 7.9% in the first quarter. Johnson Investment Counsel Inc. now owns 27,946 shares of the company’s stock worth $660,000 after purchasing an additional 2,043 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.6%

FNDX stock opened at $26.21 on Friday. The business’s fifty day simple moving average is $25.93 and its two-hundred day simple moving average is $24.47. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $26.66. The firm has a market cap of $20.64 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00.

Schwab Fundamental U.S. Large Company ETF Company Profile

The Schwab Fundamental U.S. Large Company Index ETF (FNDX) is an exchange-traded fund that is based on the Russell RAFI Large Company US index. The fund tracks a fundamentally selected and weighted Russell index based on sales, cash flow and dividends\u002Fbuybacks. FNDX was launched on Aug 15, 2013 and is managed by Charles Schwab.