Valmark Advisers Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) by 14.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 34,153 shares of the company’s stock after purchasing an additional 4,330 shares during the quarter. Valmark Advisers Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $838,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Woodside Wealth Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $25,000. Bridge Generations Wealth Management LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 171.2% in the 1st quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock worth $28,000 after purchasing an additional 738 shares during the period. Key Financial Inc boosted its stake in Schwab Fundamental U.S. Large Company ETF by 79.5% in the 1st quarter. Key Financial Inc now owns 1,346 shares of the company’s stock worth $32,000 after purchasing an additional 596 shares during the period. Dagco Inc. bought a new position in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $33,000. Finally, JFS Wealth Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $44,000.
Schwab Fundamental U.S. Large Company ETF Price Performance
FNDX stock opened at $26.28 on Friday. The company has a market capitalization of $20.63 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $26.66. The business has a 50 day simple moving average of $25.76 and a two-hundred day simple moving average of $24.38.
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.
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