Schwab Fundamental U.S. Large Company ETF $FNDX Position Lifted by Lakewood Asset Management LLC

Lakewood Asset Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 8.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 430,314 shares of the company’s stock after acquiring an additional 32,606 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises approximately 7.0% of Lakewood Asset Management LLC’s holdings, making the stock its largest position. Lakewood Asset Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $13,542,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Root Financial Partners LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 0.7% in the 3rd quarter. Root Financial Partners LLC now owns 44,101 shares of the company’s stock worth $1,388,000 after purchasing an additional 308 shares during the period. Asset Advisory Group Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 0.4% during the third quarter. Asset Advisory Group Inc. now owns 82,013 shares of the company’s stock valued at $2,581,000 after purchasing an additional 342 shares during the period. Nabity Jensen Investment Management Inc grew its holdings in Schwab Fundamental U.S. Large Company ETF by 0.5% during the third quarter. Nabity Jensen Investment Management Inc now owns 64,971 shares of the company’s stock valued at $2,045,000 after purchasing an additional 347 shares during the period. Plan A Wealth LLC increased its position in Schwab Fundamental U.S. Large Company ETF by 1.6% in the second quarter. Plan A Wealth LLC now owns 22,772 shares of the company’s stock worth $708,000 after buying an additional 361 shares in the last quarter. Finally, Capital Investment Counsel LLC increased its position in Schwab Fundamental U.S. Large Company ETF by 2.9% in the first quarter. Capital Investment Counsel LLC now owns 13,457 shares of the company’s stock worth $375,000 after buying an additional 381 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.2%

Shares of FNDX opened at $32.67 on Tuesday. The business has a 50-day simple moving average of $32.29 and a two-hundred day simple moving average of $30.44. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $25.87 and a 52 week high of $32.85. The stock has a market cap of $28.33 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

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.