Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Reaches New 1-Year High – What’s Next?

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $30.51 and last traded at $30.41, with a volume of 2060212 shares changing hands. The stock had previously closed at $30.38.

Schwab Fundamental U.S. Large Company ETF Stock Performance

The company has a market capitalization of $26.26 billion, a PE ratio of 17.86 and a beta of 0.88. The company has a 50 day moving average price of $28.77 and a 200 day moving average price of $28.05.

Hedge Funds Weigh In On Schwab Fundamental U.S. Large Company ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Capital Investment Counsel LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the 1st quarter. Capital Investment Counsel LLC now owns 13,457 shares of the company’s stock valued at $375,000 after buying an additional 381 shares during the last quarter. Howe & Rusling Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.4% during the 4th quarter. Howe & Rusling Inc. now owns 27,075 shares of the company’s stock valued at $737,000 after buying an additional 381 shares during the last quarter. Legacy Financial Strategies LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.1% during the 4th quarter. Legacy Financial Strategies LLC now owns 36,795 shares of the company’s stock valued at $1,001,000 after buying an additional 385 shares during the last quarter. Midland Wealth Advisors LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 0.6% during the 3rd quarter. Midland Wealth Advisors LLC now owns 66,619 shares of the company’s stock valued at $1,752,000 after buying an additional 397 shares during the last quarter. Finally, Godsey & Gibb Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 6.2% during the fourth quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock worth $185,000 after purchasing an additional 399 shares during the last quarter.

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.