Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Sets New 52-Week High – Here’s What Happened

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $28.20 and last traded at $28.1750, with a volume of 447755 shares trading hands. The stock had previously closed at $28.10.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.0%

The stock has a market capitalization of $22.92 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The firm has a 50-day moving average of $27.09 and a 200-day moving average of $26.15.

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

Institutional investors have recently modified their holdings of the business. Allworth Financial LP boosted its position in Schwab Fundamental U.S. Large Company ETF by 12.5% during the 2nd quarter. Allworth Financial LP now owns 173,319 shares of the company’s stock worth $4,253,000 after acquiring an additional 19,215 shares during the last quarter. Assetmark Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 269.0% in the second quarter. Assetmark Inc. now owns 15,350 shares of the company’s stock valued at $377,000 after purchasing an additional 11,190 shares in the last quarter. Blueprint Financial Advisors LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 2nd quarter worth approximately $4,739,000. Boyce & Associates Wealth Consulting Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 23.8% in the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 224,918 shares of the company’s stock valued at $5,915,000 after acquiring an additional 43,207 shares during the last quarter. Finally, BCS Wealth Management grew its holdings in Schwab Fundamental U.S. Large Company ETF by 22.2% during the third quarter. BCS Wealth Management now owns 178,274 shares of the company’s stock worth $4,689,000 after purchasing an additional 32,377 shares during the period.

Schwab Fundamental U.S. Large Company ETF Company 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.