Great Valley Advisor Group Inc. Raises Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Great Valley Advisor Group Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 36.2% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 967,375 shares of the company’s stock after acquiring an additional 256,858 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $23,740,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FNDX. Paladin Advisory Group LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 2nd quarter valued at approximately $25,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the second quarter worth $37,000. Salomon & Ludwin LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 142.2% during the second quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock valued at $45,000 after buying an additional 1,062 shares during the period. Graney & King LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 1,598.3% during the first quarter. Graney & King LLC now owns 2,021 shares of the company’s stock valued at $48,000 after buying an additional 1,902 shares during the period. Finally, Berkshire Money Management Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF in the second quarter valued at $52,000.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.6%

FNDX stock opened at $27.36 on Friday. The company’s 50-day simple moving average is $26.65 and its 200-day simple moving average is $25.61. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $27.57. The firm has a market cap of $21.67 billion, a P/E ratio of 17.86 and a beta of 0.93.

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.