Schwab Fundamental U.S. Large Company ETF $FNDX Shares Bought by Next Capital Management LLC

Next Capital Management LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 23.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,168 shares of the company’s stock after purchasing an additional 20,010 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for 0.9% of Next Capital Management LLC’s holdings, making the stock its 25th biggest position. Next Capital Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,766,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in FNDX. Paladin Advisory Group LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the second quarter valued at $25,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the second quarter worth $37,000. Bogart Wealth LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 91.5% during the third quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock worth $43,000 after purchasing an additional 777 shares during the period. First Command Advisory Services Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter valued at $43,000. Finally, Salomon & Ludwin LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 142.2% in the 2nd quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock valued at $45,000 after purchasing an additional 1,062 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.9%

Shares of FNDX opened at $28.63 on Friday. The business’s 50-day moving average price is $27.74 and its 200 day moving average price is $26.57. The stock has a market capitalization of $23.72 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $28.97.

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.