Commonwealth Equity Services LLC Acquires 162,310 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Commonwealth Equity Services LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 8.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,049,148 shares of the company’s stock after buying an additional 162,310 shares during the period. Commonwealth Equity Services LLC owned about 0.27% of Schwab Fundamental U.S. Large Company ETF worth $50,286,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Woodside Wealth Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth $25,000. Bridge Generations Wealth Management LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 171.2% during the first quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock valued at $28,000 after purchasing an additional 738 shares in the last quarter. Key Financial Inc grew its holdings in Schwab Fundamental U.S. Large Company ETF by 79.5% during the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after purchasing an additional 596 shares during the period. Dagco Inc. purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter worth about $33,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the second quarter worth about $37,000.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.5%

FNDX stock opened at $26.50 on Friday. The business’s 50-day moving average price is $26.27 and its 200-day moving average price is $24.97. The stock has a market cap of $20.99 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $26.97.

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.