Cabot Wealth Management Inc. Increases Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Cabot Wealth Management Inc. grew its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 656,846 shares of the company’s stock after purchasing an additional 8,616 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises about 1.9% of Cabot Wealth Management Inc.’s portfolio, making the stock its 15th largest position. Cabot Wealth Management Inc. owned about 0.09% of Schwab Fundamental U.S. Large Company ETF worth $16,119,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Private Trust Co. NA purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at about $47,000. Janney Montgomery Scott LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 36.0% in the first quarter. Janney Montgomery Scott LLC now owns 28,991 shares of the company’s stock valued at $684,000 after purchasing an additional 7,679 shares during the last quarter. Aufman Associates Inc raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 627.9% in the first quarter. Aufman Associates Inc now owns 96,175 shares of the company’s stock valued at $2,271,000 after purchasing an additional 82,962 shares during the last quarter. Advisors Capital Management LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.8% in the first quarter. Advisors Capital Management LLC now owns 13,746 shares of the company’s stock valued at $325,000 after purchasing an additional 759 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 31.9% in the first quarter. Avantax Advisory Services Inc. now owns 25,552 shares of the company’s stock valued at $603,000 after purchasing an additional 6,181 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX stock opened at $26.73 on Friday. The firm has a 50-day moving average of $26.06 and a 200-day moving average of $24.66. The company has a market cap of $21.10 billion, a P/E ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $26.81.

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.