Wealth Advisory Team LLC Purchases New Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Wealth Advisory Team LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 27,466 shares of the company’s stock, valued at approximately $747,000. Schwab Fundamental U.S. Large Company ETF accounts for 0.7% of Wealth Advisory Team LLC’s investment portfolio, making the stock its 22nd largest position.

A number of other large investors have also recently modified their holdings of the company. Legacy Financial Strategies LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.1% in the fourth quarter. Legacy Financial Strategies LLC now owns 36,795 shares of the company’s stock valued at $1,001,000 after purchasing an additional 385 shares during the period. Midland Wealth Advisors LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 0.6% in the third quarter. Midland Wealth Advisors LLC now owns 66,619 shares of the company’s stock valued at $1,752,000 after purchasing an additional 397 shares during the period. Godsey & Gibb Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 6.2% in the fourth quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock valued at $185,000 after purchasing an additional 399 shares during the period. Assetmark Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.7% in the fourth quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock valued at $420,000 after purchasing an additional 408 shares during the period. Finally, Atlantic Union Bankshares Corp boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 6.5% in the third quarter. Atlantic Union Bankshares Corp now owns 6,724 shares of the company’s stock valued at $177,000 after purchasing an additional 412 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of NYSEARCA FNDX opened at $30.58 on Friday. The firm has a market capitalization of $26.34 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. The stock has a 50 day moving average price of $28.80 and a 200 day moving average price of $28.07. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $23.18 and a 52-week high of $30.68.

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.