Schwab Fundamental U.S. Large Company ETF $FNDX Stock: Stillwater Wealth Management Group Raises Position

Stillwater Wealth Management Group grew its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 17.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 275,654 shares of the company’s stock after purchasing an additional 40,321 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for 4.6% of Stillwater Wealth Management Group’s portfolio, making the stock its 4th biggest position. Stillwater Wealth Management Group’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $8,675,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of FNDX. Asset Advisory Group Inc. raised its stake in Schwab Fundamental U.S. Large Company ETF by 0.4% during the 3rd quarter. Asset Advisory Group Inc. now owns 82,013 shares of the company’s stock worth $2,581,000 after acquiring an additional 342 shares in the last quarter. Plan A Wealth LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 1.6% in the second quarter. Plan A Wealth LLC now owns 22,772 shares of the company’s stock valued at $708,000 after acquiring an additional 361 shares during the last quarter. Capital Investment Counsel LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 2.9% in the first quarter. Capital Investment Counsel LLC now owns 13,457 shares of the company’s stock valued at $375,000 after acquiring an additional 381 shares during the last quarter. Sax Wealth Advisors LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 0.5% in the second quarter. Sax Wealth Advisors LLC now owns 104,729 shares of the company’s stock valued at $3,257,000 after acquiring an additional 506 shares in the last quarter. Finally, Meeder Advisory Services Inc. boosted its stake in Schwab Fundamental U.S. Large Company ETF by 5.1% in the first quarter. Meeder Advisory Services Inc. now owns 10,577 shares of the company’s stock valued at $295,000 after acquiring an additional 512 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX stock traded up $0.01 during mid-day trading on Wednesday, hitting $32.70. 1,438,855 shares of the stock were exchanged, compared to its average volume of 4,448,291. The stock’s fifty day simple moving average is $32.29 and its two-hundred day simple moving average is $31.25. The stock has a market capitalization of $28.31 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $25.87 and a 12-month high of $32.85.

About Schwab Fundamental U.S. Large Company ETF

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.