Schwab Fundamental U.S. Large Company ETF $FNDX is Solitude Financial Services’ 5th Largest Position

Solitude Financial Services increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 935,707 shares of the company’s stock after purchasing an additional 17,300 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for approximately 8.0% of Solitude Financial Services’ portfolio, making the stock its 5th biggest position. Solitude Financial Services’ holdings in Schwab Fundamental U.S. Large Company ETF were worth $27,145,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Revolve Wealth Partners LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth about $719,000. AQR Capital Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $739,000. Jane Street Group LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% in the 1st quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after acquiring an additional 25,267 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.5% in the 2nd quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock worth $661,000 after acquiring an additional 645 shares during the last quarter. Finally, Qube Research & Technologies Ltd boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 6,798.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock worth $418,000 after purchasing an additional 16,792 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $31.05 on Friday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $23.89 and a fifty-two week high of $31.56. The firm has a 50 day moving average price of $30.30 and a 200 day moving average price of $28.84. The company has a market capitalization of $26.74 billion, a PE ratio of 17.86 and a beta of 0.87.

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.