Resonant Capital Advisors LLC raised its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) by 7.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,465,255 shares of the company’s stock after acquiring an additional 97,328 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up about 2.1% of Resonant Capital Advisors LLC’s holdings, making the stock its 9th biggest holding. Resonant Capital Advisors LLC owned about 0.17% of Schwab Fundamental U.S. Large Company ETF worth $40,807,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strata Wealth Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 7.2% in the 1st quarter. Strata Wealth Advisors LLC now owns 594,200 shares of the company’s stock valued at $16,548,000 after purchasing an additional 40,146 shares during the last quarter. Arbor Investment Advisors LLC lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 84.7% during the 1st quarter. Arbor Investment Advisors LLC now owns 14,645 shares of the company’s stock worth $408,000 after purchasing an additional 6,716 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth $28,000. Berger Financial Group Inc grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 28.0% during the first quarter. Berger Financial Group Inc now owns 62,257 shares of the company’s stock worth $1,734,000 after purchasing an additional 13,626 shares in the last quarter. Finally, Pennsylvania Capital Management Inc. ADV grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 0.5% during the first quarter. Pennsylvania Capital Management Inc. ADV now owns 675,288 shares of the company’s stock worth $18,807,000 after purchasing an additional 3,360 shares in the last quarter.
Schwab Fundamental U.S. Large Company ETF Trading Down 0.0%
NYSEARCA:FNDX traded down $0.01 during trading hours on Tuesday, hitting $31.35. The company’s stock had a trading volume of 564,278 shares, compared to its average volume of 5,321,501. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $24.27 and a 52-week high of $31.56. The stock has a market capitalization of $26.16 billion, a P/E ratio of 17.86 and a beta of 0.87. The stock has a fifty day moving average of $30.73 and a 200-day moving average of $29.15.
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.
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