Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Reaches New 12-Month High – Here’s What Happened

Shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) reached a new 52-week high during trading on Friday . The stock traded as high as $31.36 and last traded at $31.32, with a volume of 1396836 shares changing hands. The stock had previously closed at $31.02.

Schwab Fundamental U.S. Large Company ETF Price Performance

The stock’s 50-day moving average is $29.94 and its 200-day moving average is $28.68. The stock has a market cap of $26.94 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87.

Hedge Funds Weigh In On Schwab Fundamental U.S. Large Company ETF

A number of large investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its stake in Schwab Fundamental U.S. Large Company ETF by 1.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock worth $11,249,790,000 after purchasing an additional 4,241,879 shares during the period. Captrust Financial Advisors raised its stake in Schwab Fundamental U.S. Large Company ETF by 25.7% during the fourth quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock worth $582,113,000 after purchasing an additional 4,370,263 shares during the period. TradeWell Securities LLC. purchased a new position in Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth approximately $346,153,000. Keybank National Association OH raised its stake in Schwab Fundamental U.S. Large Company ETF by 50.2% during the first quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock worth $346,857,000 after purchasing an additional 4,162,731 shares during the period. Finally, Boulay Financial Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company ETF by 4.0% during the fourth quarter. Boulay Financial Advisors LLC now owns 9,126,260 shares of the company’s stock worth $248,326,000 after purchasing an additional 353,656 shares during the period.

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.