FRG Family Wealth Advisors LLC Raises Position in Schwab Fundamental U.S. Large Company ETF $FNDX

FRG Family Wealth Advisors LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 144,253 shares of the company’s stock after buying an additional 2,300 shares during the quarter. FRG Family Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,540,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of FNDX. Woodside Wealth Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter worth about $25,000. Bridge Generations Wealth Management LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 171.2% in the first quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock worth $28,000 after buying an additional 738 shares during the period. Key Financial Inc lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 79.5% in the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock worth $32,000 after buying an additional 596 shares during the period. Dagco Inc. purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the first quarter worth about $33,000. Finally, Mid American Wealth Advisory Group Inc. purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the second quarter worth about $37,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX opened at $26.73 on Thursday. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $26.97. The company has a 50-day simple moving average of $26.15 and a two-hundred day simple moving average of $24.77. The firm has a market capitalization of $21.11 billion, a PE ratio of 17.86 and a beta of 0.93.

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.