Urban Financial Advisory Corp Raises Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Urban Financial Advisory Corp lifted its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 13.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 794,139 shares of the company’s stock after purchasing an additional 91,536 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises approximately 8.5% of Urban Financial Advisory Corp’s holdings, making the stock its 5th largest position. Urban Financial Advisory Corp owned 0.10% of Schwab Fundamental U.S. Large Company ETF worth $21,609,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FNDX. Capital Investment Advisory Services LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after purchasing an additional 615 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth approximately $39,000. Bogart Wealth LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 91.5% in the 3rd quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock worth $43,000 after purchasing an additional 777 shares in the last quarter. First Command Advisory Services Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter worth approximately $43,000. Finally, Fifth Third Bancorp purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter worth approximately $44,000.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.0%

Shares of NYSEARCA FNDX opened at $30.42 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $23.18 and a twelve month high of $30.51. The firm has a market cap of $26.20 billion, a P/E ratio of 17.86 and a beta of 0.88. The company has a 50 day moving average of $28.74 and a 200 day moving average of $28.02.

Schwab Fundamental U.S. Large Company ETF 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.