Kavar Capital Partners Group LLC Buys 43,999 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Kavar Capital Partners Group LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,576,625 shares of the company’s stock after purchasing an additional 43,999 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up approximately 5.9% of Kavar Capital Partners Group LLC’s holdings, making the stock its 2nd largest holding. Kavar Capital Partners Group LLC owned 0.19% of Schwab Fundamental U.S. Large Company ETF worth $42,900,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bogart Wealth LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 91.5% during the 3rd quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock worth $43,000 after purchasing an additional 777 shares during the last quarter. First Command Advisory Services Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter valued at approximately $43,000. Fifth Third Bancorp purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter valued at approximately $44,000. Manning & Napier Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter valued at approximately $50,000. Finally, LGT Financial Advisors LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 11,188.2% during the third quarter. LGT Financial Advisors LLC now owns 1,919 shares of the company’s stock worth $50,000 after acquiring an additional 1,902 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX stock opened at $27.98 on Friday. The stock has a market capitalization of $23.18 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $29.37. The company has a 50 day moving average price of $28.43 and a two-hundred day moving average price of $27.43.

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.