Total Clarity Wealth Management Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 18,883 shares of the company’s stock, valued at approximately $463,000.
A number of other hedge funds have also modified their holdings of FNDX. Boulay Financial Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $140,067,000. Ameriprise Financial Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 31.9% during the 1st quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock worth $183,321,000 after purchasing an additional 1,878,599 shares in the last quarter. Belpointe Asset Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $29,957,000. Fortis Capital Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $29,957,000. Finally, PTM Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $27,418,000.
Schwab Fundamental U.S. Large Company ETF Price Performance
Shares of FNDX opened at $25.98 on Tuesday. The firm has a 50 day simple moving average of $25.81 and a 200-day simple moving average of $24.41. The stock has a market cap of $20.42 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $26.66.
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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