Western Wealth Management LLC Has $3.39 Million Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Western Wealth Management LLC boosted its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 172.9% in the first quarter, Holdings Channel reports. The firm owned 121,637 shares of the company’s stock after purchasing an additional 77,067 shares during the quarter. Western Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,388,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. lifted its position in Schwab Fundamental U.S. Large Company ETF by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock worth $11,249,790,000 after buying an additional 4,241,879 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 25.7% in the fourth quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock valued at $582,113,000 after acquiring an additional 4,370,263 shares during the last quarter. TradeWell Securities LLC. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at about $346,153,000. Keybank National Association OH raised its holdings in Schwab Fundamental U.S. Large Company ETF by 50.2% during the first quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock worth $346,857,000 after acquiring an additional 4,162,731 shares in the last quarter. Finally, Boulay Financial Advisors LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 4.0% during the fourth quarter. Boulay Financial Advisors LLC now owns 9,126,260 shares of the company’s stock worth $248,326,000 after acquiring an additional 353,656 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of NYSEARCA FNDX opened at $31.74 on Friday. The stock has a 50 day moving average price of $31.22 and a 200 day moving average price of $29.67. The stock has a market capitalization of $26.73 billion, a PE ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $24.27 and a 52 week high of $31.94.

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.