Schwab Fundamental U.S. Large Company ETF $FNDX Stock Position Boosted by Solitude Financial Services

Solitude Financial Services grew its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 964,022 shares of the company’s stock after purchasing an additional 18,400 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up about 8.2% of Solitude Financial Services’ investment portfolio, making the stock its 5th largest position. Solitude Financial Services’ holdings in Schwab Fundamental U.S. Large Company ETF were worth $30,338,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Ascentis Independent Advisors bought a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $28,000. Valued Wealth Advisors LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter worth approximately $30,000. Richards Merrill & Peterson Inc. purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the third quarter worth approximately $40,000. Signature Resources Capital Management LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 161.1% in the first quarter. Signature Resources Capital Management LLC now owns 1,316 shares of the company’s stock worth $37,000 after buying an additional 812 shares in the last quarter. Finally, Scarborough Advisors LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter worth approximately $54,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA FNDX opened at $32.67 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a one year low of $25.87 and a one year high of $32.85. The firm’s 50 day simple moving average is $32.29 and its two-hundred day simple moving average is $30.44. The stock has a market capitalization of $28.33 billion, a P/E ratio of 17.86 and a beta of 0.88.

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.