Wealth Advisory Team LLC Invests $692,000 in Schwab Fundamental U.S. Large Company ETF $FNDX

Wealth Advisory Team LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 28,219 shares of the company’s stock, valued at approximately $692,000. Schwab Fundamental U.S. Large Company ETF makes up 0.6% of Wealth Advisory Team LLC’s holdings, making the stock its 22nd largest holding.

Other institutional investors also recently modified their holdings of the company. Woodside Wealth Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter worth $25,000. Bridge Generations Wealth Management LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 171.2% in the first quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock worth $28,000 after purchasing an additional 738 shares during the last quarter. Key Financial Inc grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 79.5% in the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock worth $32,000 after purchasing an additional 596 shares during the last quarter. Dagco Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter worth $33,000. Finally, JFS Wealth Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter worth $44,000.

Schwab Fundamental U.S. Large Company ETF Stock Down 2.3%

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $25.68 on Friday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $26.66. The stock has a market cap of $20.16 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00. The company’s fifty day moving average is $25.79 and its 200 day moving average is $24.39.

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.