20,061 Shares in Schwab Fundamental U.S. Large Company ETF $FNDX Bought by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 20,061 shares of the company’s stock, valued at approximately $546,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Legacy Financial Strategies LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.1% during the fourth 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 in the last quarter. Midland Wealth Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 0.6% during the third 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 in the last quarter. Godsey & Gibb Inc. grew its holdings in shares of 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 valued at $185,000 after buying an additional 399 shares in the last quarter. Assetmark Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.7% during the fourth quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock valued at $420,000 after buying an additional 408 shares in the last quarter. Finally, Atlantic Union Bankshares Corp grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 6.5% during the third quarter. Atlantic Union Bankshares Corp now owns 6,724 shares of the company’s stock valued at $177,000 after buying an additional 412 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.2%

Shares of FNDX stock opened at $30.49 on Thursday. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $23.18 and a 1-year high of $30.53. The company has a market capitalization of $26.26 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. The stock’s fifty day simple moving average is $28.77 and its 200-day simple moving average is $28.05.

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.