Schwab Fundamental U.S. Large Company ETF $FNDX is Resonant Capital Advisors LLC’s 9th Largest Position

Resonant Capital Advisors LLC grew its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 7.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,465,255 shares of the company’s stock after purchasing an additional 97,328 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for 2.1% of Resonant Capital Advisors LLC’s portfolio, making the stock its 9th biggest position. Resonant Capital Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $40,807,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Revolve Wealth Partners LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $719,000. AQR Capital Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter worth about $739,000. Jane Street Group LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% during 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 last quarter. Baird Financial Group Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.5% during the second quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock worth $661,000 after purchasing an additional 645 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 6,798.4% during the second quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock worth $418,000 after purchasing an additional 16,792 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.0%

Shares of Schwab Fundamental U.S. Large Company ETF stock traded down $0.01 on Tuesday, hitting $31.35. The stock had a trading volume of 564,278 shares, compared to its average volume of 5,321,501. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $24.27 and a 52-week high of $31.56. The stock has a market cap of $26.16 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The company’s 50 day moving average price is $30.73 and its 200 day moving average price is $29.15.

Schwab Fundamental U.S. Large Company ETF Profile

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.