Schwab Fundamental U.S. Large Company ETF $FNDX is Prairiewood Capital LLC’s 2nd Largest Position

Prairiewood Capital LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 9.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,726,912 shares of the company’s stock after purchasing an additional 151,215 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for about 15.1% of Prairiewood Capital LLC’s investment portfolio, making the stock its 2nd largest holding. Prairiewood Capital LLC owned 0.22% of Schwab Fundamental U.S. Large Company ETF worth $45,418,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Paladin Advisory Group LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the second quarter valued at about $25,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the second quarter valued at approximately $37,000. Salomon & Ludwin LLC lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 142.2% in the 2nd quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock valued at $45,000 after acquiring an additional 1,062 shares in the last quarter. Graney & King LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 1,598.3% in the 1st quarter. Graney & King LLC now owns 2,021 shares of the company’s stock worth $48,000 after purchasing an additional 1,902 shares during the period. Finally, Berkshire Money Management Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF in the 2nd quarter worth approximately $52,000.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.4%

Shares of NYSEARCA:FNDX opened at $27.18 on Monday. The company’s fifty day moving average is $26.74 and its two-hundred day moving average is $25.76. The company has a market cap of $21.53 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $27.57.

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.