Schwab Fundamental U.S. Large Company ETF $FNDX is Pasadena Private Wealth LLC’s 8th Largest Position

Pasadena Private Wealth LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 10.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 669,199 shares of the company’s stock after buying an additional 65,002 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises about 2.8% of Pasadena Private Wealth LLC’s holdings, making the stock its 8th biggest holding. Pasadena Private Wealth LLC owned 0.09% of Schwab Fundamental U.S. Large Company ETF worth $16,422,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Townsend Asset Management Corp NC ADV lifted its position in Schwab Fundamental U.S. Large Company ETF by 1.2% in the second quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock valued at $898,000 after acquiring an additional 436 shares during the last quarter. Archvest Wealth Advisors Inc. lifted its position in Schwab Fundamental U.S. Large Company ETF by 1.6% in the first quarter. Archvest Wealth Advisors Inc. now owns 29,063 shares of the company’s stock valued at $686,000 after acquiring an additional 455 shares during the last quarter. Financial Synergies Wealth Advisors Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 0.8% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 56,968 shares of the company’s stock valued at $1,345,000 after purchasing an additional 466 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% in the 2nd quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock valued at $409,000 after purchasing an additional 468 shares during the last quarter. Finally, WealthShield Partners LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 40.4% in the 1st quarter. WealthShield Partners LLC now owns 1,881 shares of the company’s stock valued at $44,000 after purchasing an additional 541 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $26.73 on Monday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $26.81. The stock has a 50-day simple moving average of $26.06 and a 200-day simple moving average of $24.67. The company has a market capitalization of $21.10 billion, a P/E ratio of 17.86 and a beta of 1.00.

About Schwab Fundamental U.S. Large Company ETF

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.