NewEdge Advisors LLC Has $4.83 Million Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

NewEdge Advisors LLC raised its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 96.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 173,489 shares of the company’s stock after buying an additional 85,371 shares during the quarter. NewEdge Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,832,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Investment Counsel LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the 1st quarter. Capital Investment Counsel LLC now owns 13,457 shares of the company’s stock worth $375,000 after acquiring an additional 381 shares in the last quarter. Howe & Rusling Inc. raised its position in Schwab Fundamental U.S. Large Company ETF by 1.4% during the fourth quarter. Howe & Rusling Inc. now owns 27,075 shares of the company’s stock valued at $737,000 after purchasing an additional 381 shares in the last quarter. Godsey & Gibb Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 6.2% during the fourth quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock worth $185,000 after purchasing an additional 399 shares during the last quarter. Assetmark Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 2.7% during the fourth quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock worth $420,000 after purchasing an additional 408 shares during the last quarter. Finally, Harbor Asset Planning Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 0.6% in the 4th quarter. Harbor Asset Planning Inc. now owns 67,597 shares of the company’s stock valued at $1,839,000 after purchasing an additional 423 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX opened at $32.41 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $24.93 and a 52-week high of $32.51. The business’s fifty day moving average is $31.40 and its 200-day moving average is $29.89. The firm has a market cap of $27.36 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87.

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.