Schwab Fundamental U.S. Large Company ETF $FNDX Shares Bought by McAdam LLC

McAdam LLC raised its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 8,751,118 shares of the company’s stock after purchasing an additional 482,945 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for approximately 11.3% of McAdam LLC’s holdings, making the stock its 2nd biggest holding. McAdam LLC owned 1.11% of Schwab Fundamental U.S. Large Company ETF worth $230,154,000 at the end of the most recent reporting period.

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

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX stock opened at $27.80 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $28.36. The firm has a market capitalization of $22.83 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The business has a 50 day simple moving average of $27.28 and a 200 day simple moving average of $26.29.

About Schwab Fundamental U.S. Large Company ETF

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.