168,707 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX Acquired by Droms Strauss Advisors Inc. MO ADV

Droms Strauss Advisors Inc. MO ADV acquired a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 168,707 shares of the company’s stock, valued at approximately $5,309,000. Schwab Fundamental U.S. Large Company ETF comprises approximately 1.2% of Droms Strauss Advisors Inc. MO ADV’s portfolio, making the stock its 21st largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Next Level Wealth Planning LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the third quarter worth about $26,000. Ascentis Independent Advisors acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $28,000. Valued Wealth Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $30,000. Richards Merrill & Peterson Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $40,000. Finally, Signature Resources Capital Management LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 161.1% during the 1st quarter. Signature Resources Capital Management LLC now owns 1,316 shares of the company’s stock worth $37,000 after purchasing an additional 812 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.4%

Shares of Schwab Fundamental U.S. Large Company ETF stock traded down $0.14 during trading on Friday, hitting $32.10. 4,264,299 shares of the company were exchanged, compared to its average volume of 4,465,932. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $25.87 and a fifty-two week high of $33.38. The stock has a market capitalization of $28.01 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The firm has a 50 day moving average price of $32.32 and a 200 day moving average price of $30.64.

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.