Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Sets New 1-Year High – Here’s Why

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDXGet Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as $27.45 and last traded at $27.4720, with a volume of 522574 shares. The stock had previously closed at $27.37.

Schwab Fundamental U.S. Large Company ETF Price Performance

The firm has a market cap of $21.76 billion, a PE ratio of 17.86 and a beta of 0.93. The business has a 50-day moving average price of $26.62 and a two-hundred day moving average price of $25.57.

Hedge Funds Weigh In On Schwab Fundamental U.S. Large Company ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Paladin Advisory Group LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 2nd quarter worth approximately $25,000. Dagco Inc. acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at $33,000. Mid American Wealth Advisory Group Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF during the second quarter worth $37,000. Bogart Wealth LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 91.5% in the third quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock worth $43,000 after acquiring an additional 777 shares during the last quarter. Finally, First Command Advisory Services Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter valued at $43,000.

Schwab Fundamental U.S. Large Company ETF Company Profile

(Get Free Report)

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.

Further Reading

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