Financial Strategies Group Inc. Has $23.28 Million Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Financial Strategies Group Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 877,652 shares of the company’s stock after purchasing an additional 19,288 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for approximately 4.4% of Financial Strategies Group Inc.’s holdings, making the stock its 6th largest position. Financial Strategies Group Inc. owned about 0.11% of Schwab Fundamental U.S. Large Company ETF worth $23,275,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 3.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock valued at $9,871,112,000 after acquiring an additional 12,903,364 shares during the period. AlphaCore Capital LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 24,845.4% during the 2nd quarter. AlphaCore Capital LLC now owns 3,396,569 shares of the company’s stock worth $83,352,000 after purchasing an additional 3,382,953 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Schwab Fundamental U.S. Large Company ETF by 67.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock worth $156,910,000 after purchasing an additional 2,585,828 shares during the last quarter. Berman McAleer LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth about $25,914,000. Finally, Corient Private Wealth LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock valued at $44,661,000 after acquiring an additional 879,651 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA FNDX opened at $28.38 on Friday. The stock has a market capitalization of $23.45 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $28.52. The company has a 50-day moving average price of $27.59 and a 200-day moving average price of $26.48.

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.