Glassman Wealth Services Raises Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Glassman Wealth Services increased its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,666,432 shares of the company’s stock after purchasing an additional 45,211 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises about 17.2% of Glassman Wealth Services’ portfolio, making the stock its 2nd biggest holding. Glassman Wealth Services’ holdings in Schwab Fundamental U.S. Large Company ETF were worth $122,727,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of FNDX. Revolve Wealth Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $719,000. AQR Capital Management LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter worth approximately $739,000. Jane Street Group LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 39.9% in the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after purchasing an additional 25,267 shares during the period. Focus Partners Advisor Solutions LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 6.8% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 60,505 shares of the company’s stock valued at $1,485,000 after purchasing an additional 3,834 shares in the last quarter. Finally, Brighton Jones LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 2nd quarter valued at $216,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX opened at $28.79 on Tuesday. The company has a market capitalization of $23.86 billion, a PE ratio of 17.86 and a beta of 0.93. The stock’s fifty day moving average is $28.15 and its 200-day moving average is $26.95. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $29.37.

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.