Whitener Capital Management Inc. Makes New Investment in Schwab Fundamental U.S. Large Company ETF $FNDX

Whitener Capital Management Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) during the third quarter, Holdings Channel reports. The fund purchased 112,391 shares of the company’s stock, valued at approximately $3,537,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Keenan LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $27,000. Ascentis Independent Advisors purchased a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter worth $28,000. Valued Wealth Advisors LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter worth $30,000. Signature Resources Capital Management LLC increased its stake in Schwab Fundamental U.S. Large Company ETF by 161.1% in the first quarter. Signature Resources Capital Management LLC now owns 1,316 shares of the company’s stock valued at $37,000 after acquiring an additional 812 shares during the last quarter. Finally, Hanson & Doremus Investment Management bought a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at $45,000.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.7%

NYSEARCA FNDX opened at $32.58 on Friday. The stock’s 50-day simple moving average is $32.28 and its two-hundred day simple moving average is $31.14. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $25.87 and a twelve month high of $32.85. The company has a market capitalization of $28.16 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

Schwab Fundamental U.S. Large Company ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FNDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report).

Institutional Ownership by Quarter for Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

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