Schaper Benz & Wise Investment Counsel Inc. WI purchased a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 21,684 shares of the company’s stock, valued at approximately $682,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FNDX. RFG Bristol Wealth Advisors LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 18.9% during the third quarter. RFG Bristol Wealth Advisors LLC now owns 190,173 shares of the company’s stock valued at $5,985,000 after acquiring an additional 30,256 shares during the period. Wedmont Private Capital increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.9% in the 3rd quarter. Wedmont Private Capital now owns 39,759 shares of the company’s stock worth $1,276,000 after acquiring an additional 2,232 shares during the period. Breakwater Capital Group lifted its position in Schwab Fundamental U.S. Large Company ETF by 13.0% in the 3rd quarter. Breakwater Capital Group now owns 368,368 shares of the company’s stock valued at $11,593,000 after purchasing an additional 42,241 shares during the last quarter. Chapin Davis Inc. bought a new stake in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at about $236,000. Finally, Go Invest LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at about $2,098,000.
Schwab Fundamental U.S. Large Company ETF Trading Up 0.2%
NYSEARCA FNDX opened at $32.16 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $25.67 and a 52 week high of $32.85. The stock has a market cap of $27.74 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. The company has a 50-day moving average price of $32.26 and a two-hundred day moving average price of $30.99.
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.
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