Platt Wealth Management LLC Takes $897,000 Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Platt Wealth Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 32,979 shares of the company’s stock, valued at approximately $897,000. Schwab Fundamental U.S. Large Company ETF accounts for about 0.9% of Platt Wealth Management LLC’s portfolio, making the stock its 22nd largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in FNDX. Capital Investment Advisory Services LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock valued at $37,000 after acquiring an additional 615 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at approximately $39,000. First Command Advisory Services Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at approximately $43,000. Fifth Third Bancorp purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at approximately $44,000. Finally, LGT Financial Advisors LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 11,188.2% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,919 shares of the company’s stock valued at $50,000 after acquiring an additional 1,902 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $30.82 on Friday. The company’s 50 day simple moving average is $29.05 and its 200-day simple moving average is $28.22. The company has a market capitalization of $26.54 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 $23.18 and a 1 year high of $30.88.

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.