Diversified Portfolios Inc. Purchases Shares of 8,154 Schwab Fundamental U.S. Large Company ETF $FNDX

Diversified Portfolios Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,154 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Revolve Wealth Partners LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at approximately $719,000. Csenge Advisory Group boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 82.9% in the 1st quarter. Csenge Advisory Group now owns 16,569 shares of the company’s stock valued at $365,000 after purchasing an additional 7,511 shares during the last quarter. IFP Advisors Inc increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 18.5% during the first quarter. IFP Advisors Inc now owns 62,728 shares of the company’s stock worth $1,481,000 after buying an additional 9,806 shares during the period. PFG Advisors increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 8.3% during the first quarter. PFG Advisors now owns 90,079 shares of the company’s stock worth $2,127,000 after buying an additional 6,896 shares during the period. Finally, Choreo LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 12.8% in the first quarter. Choreo LLC now owns 20,953 shares of the company’s stock valued at $495,000 after buying an additional 2,382 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.1%

Shares of FNDX opened at $26.25 on Wednesday. The firm’s fifty day simple moving average is $26.38 and its two-hundred day simple moving average is $25.20. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $27.01. The stock has a market capitalization of $20.79 billion, a P/E ratio of 17.86 and a beta of 0.93.

Schwab Fundamental U.S. Large Company ETF Company 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.