Compass Financial Management LLC Makes New Investment in Schwab Fundamental U.S. Large Company ETF $FNDX

Compass Financial Management LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 25,436 shares of the company’s stock, valued at approximately $791,000.

Other institutional investors also recently modified their holdings of the company. Keenan LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at approximately $27,000. Resources Management Corp CT ADV bought a new stake in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter worth $28,000. Valued Wealth Advisors LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter worth $30,000. Finally, Signature Resources Capital Management LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 161.1% during the first 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 Price Performance

Shares of FNDX stock opened at $32.53 on Monday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $25.40 and a 12-month high of $32.85. The firm has a market capitalization of $27.46 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The firm has a fifty day moving average of $31.65 and a 200-day moving average of $30.13.

About Schwab Fundamental U.S. Large Company ETF

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.