Whitener Capital Management Inc. Purchases 112,391 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Whitener Capital Management Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 112,391 shares of the company’s stock, valued at approximately $3,537,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Keybank National Association OH boosted its stake in Schwab Fundamental U.S. Large Company ETF by 50.2% during the first quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after buying an additional 4,162,731 shares during the period. True North Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth about $57,756,000. OLD National Bancorp IN bought a new position in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth about $31,398,000. First Community Trust NA purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at about $31,637,000. Finally, Moller Wealth Partners purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at about $30,291,000.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.7%

NYSEARCA:FNDX opened at $32.58 on Friday. The stock has a market cap of $28.16 billion, a P/E ratio of 17.86 and a beta of 0.88. The business’s 50-day moving average price is $32.28 and its two-hundred day moving average price is $31.14. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $25.87 and a twelve month high of $32.85.

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.