Wealth Forward LLC Buys 55,539 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Wealth Forward LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 11.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 546,309 shares of the company’s stock after purchasing an additional 55,539 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for about 8.3% of Wealth Forward LLC’s portfolio, making the stock its 5th largest position. Wealth Forward LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $14,368,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP raised its stake in Schwab Fundamental U.S. Large Company ETF by 12.5% during the second quarter. Allworth Financial LP now owns 173,319 shares of the company’s stock worth $4,253,000 after buying an additional 19,215 shares during the last quarter. Assetmark Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 269.0% during the second quarter. Assetmark Inc. now owns 15,350 shares of the company’s stock valued at $377,000 after acquiring an additional 11,190 shares during the last quarter. Blueprint Financial Advisors LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the 2nd quarter worth about $4,739,000. Boyce & Associates Wealth Consulting Inc. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 23.8% in the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 224,918 shares of the company’s stock worth $5,915,000 after acquiring an additional 43,207 shares in the last quarter. Finally, BCS Wealth Management lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 22.2% in the 3rd quarter. BCS Wealth Management now owns 178,274 shares of the company’s stock valued at $4,689,000 after purchasing an additional 32,377 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $29.19 on Thursday. The stock has a market capitalization of $24.19 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $29.27. The stock’s 50 day moving average price is $27.89 and its two-hundred day moving average price is $26.70.

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.