Lido Advisors LLC Purchases New Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Lido Advisors LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 195,157 shares of the company’s stock, valued at approximately $6,142,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Keybank National Association OH acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter worth approximately $514,095,000. Steele Capital Management Inc. acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at $202,347,000. Quadrant Capital Group LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at $86,453,000. Lee Financial Co bought a new stake in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at $69,182,000. Finally, True North Advisors LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at $57,756,000.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.4%

FNDX opened at $32.91 on Friday. The company’s fifty day moving average price is $32.35 and its two-hundred day moving average price is $30.74. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $25.87 and a 1-year high of $33.38. The company has a market cap of $28.75 billion, a price-to-earnings ratio of 18.57 and a beta of 0.87.

Schwab Fundamental U.S. Large Company ETF Company 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.