Kings Path Partners LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 98,975 shares of the company’s stock, valued at approximately $3,115,000. Schwab Fundamental U.S. Large Company ETF accounts for about 0.8% of Kings Path Partners LLC’s holdings, making the stock its 25th largest holding.
A number of other hedge funds have also modified their holdings of the company. Wavvest Wealth LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at approximately $531,000. Stillwater Wealth Management Group boosted its position in Schwab Fundamental U.S. Large Company ETF by 17.1% during the 3rd quarter. Stillwater Wealth Management Group now owns 275,654 shares of the company’s stock worth $8,675,000 after acquiring an additional 40,321 shares during the last quarter. Quadrant Capital Group LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $86,453,000. Newman Dignan & Sheerar Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $427,000. Finally, Carnegie Investment Counsel bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $4,443,000.
Schwab Fundamental U.S. Large Company ETF Stock Up 0.1%
NYSEARCA FNDX opened at $32.71 on Thursday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $25.87 and a 12-month high of $32.85. The company has a market capitalization of $28.32 billion, a PE ratio of 17.86 and a beta of 0.88. The firm’s 50 day moving average is $32.29 and its 200-day moving average is $31.28.
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.
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