Schwab Fundamental U.S. Large Company ETF $FNDX Shares Newly Acquired by Keybank National Association OH

Keybank National Association OH purchased a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the third quarter, HoldingsChannel.com reports. The fund purchased 16,336,037 shares of the company’s stock, valued at approximately $514,095,000. Schwab Fundamental U.S. Large Company ETF accounts for 1.7% of Keybank National Association OH’s holdings, making the stock its 13th biggest holding.

Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 0.7% during the 3rd quarter. Root Financial Partners LLC now owns 44,101 shares of the company’s stock worth $1,388,000 after acquiring an additional 308 shares during the last quarter. Asset Advisory Group Inc. grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 0.4% in the third quarter. Asset Advisory Group Inc. now owns 82,013 shares of the company’s stock valued at $2,581,000 after purchasing an additional 342 shares during the last quarter. Nabity Jensen Investment Management Inc grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 0.5% in the third quarter. Nabity Jensen Investment Management Inc now owns 64,971 shares of the company’s stock valued at $2,045,000 after purchasing an additional 347 shares during the last quarter. Plan A Wealth LLC grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 1.6% in the second quarter. Plan A Wealth LLC now owns 22,772 shares of the company’s stock valued at $708,000 after purchasing an additional 361 shares during the last quarter. Finally, NovaPoint Capital LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 4.6% in the third quarter. NovaPoint Capital LLC now owns 10,321 shares of the company’s stock worth $325,000 after purchasing an additional 453 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA FNDX opened at $32.77 on Wednesday. The stock has a 50-day simple moving average of $32.33 and a 200 day simple moving average of $30.69. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $25.87 and a twelve month high of $33.38. The stock has a market capitalization of $28.63 billion, a PE ratio of 18.57 and a beta of 0.88.

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.