Wealthspire Retirement LLC Acquires 175,175 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Wealthspire Retirement LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 22.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 954,774 shares of the company’s stock after buying an additional 175,175 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for approximately 1.6% of Wealthspire Retirement LLC’s holdings, making the stock its 15th biggest holding. Wealthspire Retirement LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $26,590,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at about $719,000. AQR Capital Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter worth approximately $739,000. Jane Street Group LLC lifted its position 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 in the last quarter. Baird Financial Group Inc. lifted 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 grew its stake 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 valued at $418,000 after purchasing an additional 16,792 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX opened at $31.61 on Thursday. The stock has a market capitalization of $26.51 billion, a P/E ratio of 17.86 and a beta of 0.87. The company’s 50 day simple moving average is $31.06 and its 200-day simple moving average is $29.50. Schwab Fundamental U.S. Large Company ETF has a one year low of $24.27 and a one year high of $31.78.

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.