Sigma Planning Corp Makes New $889,000 Investment in Schwab Fundamental U.S. Large Company ETF $FNDX

Sigma Planning Corp bought a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,250 shares of the company’s stock, valued at approximately $889,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Keybank National Association OH lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 50.2% during the first quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock worth $346,857,000 after purchasing an additional 4,162,731 shares during the period. Quadrant Capital Group LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF during the third quarter worth about $86,453,000. Lee Financial Co acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $69,182,000. True North Advisors LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at approximately $57,756,000. Finally, Richardson Capital Management LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $33,063,000.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.5%

Shares of FNDX stock opened at $32.71 on Friday. The stock has a 50 day simple moving average of $32.32 and a 200-day simple moving average of $30.53. The company has a market cap of $28.39 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $25.87 and a 12-month high of $32.89.

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.