Schwab Fundamental U.S. Large Company ETF $FNDX Shares Newly Purchased by Signaturefd LLC

Signaturefd LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 45,719 shares of the company’s stock, valued at approximately $1,439,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Keybank National Association OH lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 50.2% in the 1st quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after buying an additional 4,162,731 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6.3% in the second quarter. Envestnet Asset Management Inc. now owns 7,039,245 shares of the company’s stock valued at $218,921,000 after buying an additional 416,802 shares in the last quarter. Charles Schwab Trust Co grew its holdings in Schwab Fundamental U.S. Large Company ETF by 12.1% during the second quarter. Charles Schwab Trust Co now owns 3,606,725 shares of the company’s stock worth $112,169,000 after acquiring an additional 387,946 shares during the period. Cetera Investment Advisers grew its holdings in Schwab Fundamental U.S. Large Company ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 3,891,438 shares of the company’s stock worth $108,377,000 after acquiring an additional 108,569 shares during the period. Finally, Bank of America Corp DE grew its holdings in Schwab Fundamental U.S. Large Company ETF by 0.4% during the first quarter. Bank of America Corp DE now owns 3,144,222 shares of the company’s stock worth $87,567,000 after acquiring an additional 13,371 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA:FNDX opened at $32.67 on Tuesday. The stock has a fifty day moving average price of $32.29 and a two-hundred day moving average price of $30.44. The stock has a market capitalization of $28.33 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $25.87 and a 1 year high of $32.85.

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.