Cowa LLC Increases Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Cowa LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 12.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 219,075 shares of the company’s stock after purchasing an additional 24,194 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for about 2.1% of Cowa LLC’s holdings, making the stock its 14th biggest holding. Cowa LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $5,382,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Boulay Financial Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $140,067,000. AlphaCore Capital LLC increased its stake in Schwab Fundamental U.S. Large Company ETF by 24,845.4% during the second quarter. AlphaCore Capital LLC now owns 3,396,569 shares of the company’s stock worth $83,352,000 after acquiring an additional 3,382,953 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Schwab Fundamental U.S. Large Company ETF by 67.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock worth $156,910,000 after acquiring an additional 2,585,828 shares during the last quarter. Ameriprise Financial Inc. raised its position in Schwab Fundamental U.S. Large Company ETF by 31.9% in the first quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock valued at $183,321,000 after purchasing an additional 1,878,599 shares during the period. Finally, Belpointe Asset Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at $29,957,000.

Schwab Fundamental U.S. Large Company ETF Trading Up 1.6%

NYSEARCA FNDX opened at $26.31 on Friday. The stock has a fifty day simple moving average of $26.39 and a 200-day simple moving average of $25.23. The stock has a market cap of $20.84 billion, a PE 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 $27.01.

Schwab Fundamental U.S. Large Company ETF 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.