Schwab Fundamental U.S. Large Company ETF $FNDX Position Raised by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 8.6% in the first quarter, Holdings Channel.com reports. The firm owned 1,696,212 shares of the company’s stock after purchasing an additional 133,686 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises 7.1% of Cornerstone Planning Group LLC’s portfolio, making the stock its 3rd largest holding. Cornerstone Planning Group LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $51,209,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in FNDX. Gryphon Financial Partners LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6.6% in the 1st quarter. Gryphon Financial Partners LLC now owns 48,046 shares of the company’s stock worth $1,338,000 after buying an additional 2,975 shares during the last quarter. Townsend Asset Management Corp NC ADV increased its position in Schwab Fundamental U.S. Large Company ETF by 691.6% during the 1st quarter. Townsend Asset Management Corp NC ADV now owns 30,918 shares of the company’s stock valued at $861,000 after buying an additional 27,012 shares in the last quarter. Angeles Wealth Management LLC increased its position in Schwab Fundamental U.S. Large Company ETF by 4.8% during the 1st quarter. Angeles Wealth Management LLC now owns 70,728 shares of the company’s stock valued at $1,970,000 after buying an additional 3,243 shares in the last quarter. Independent Financial Group LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF during the first quarter valued at $600,000. Finally, D.A. Davidson & CO. raised its stake in Schwab Fundamental U.S. Large Company ETF by 169.5% during the first quarter. D.A. Davidson & CO. now owns 25,449 shares of the company’s stock valued at $709,000 after buying an additional 16,007 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.5%

Schwab Fundamental U.S. Large Company ETF stock opened at $31.46 on Friday. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $24.27 and a 12 month high of $31.72. The company has a market capitalization of $26.36 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The business’s fifty day simple moving average is $30.99 and its two-hundred day simple moving average is $29.40.

Schwab Fundamental U.S. Large Company ETF 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.