124,191 Shares in Schwab Fundamental U.S. Large Company ETF $FNDX Acquired by Succession Financial Inc.

Succession Financial Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 124,191 shares of the company’s stock, valued at approximately $3,862,000. Schwab Fundamental U.S. Large Company ETF accounts for approximately 3.7% of Succession Financial Inc.’s holdings, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FNDX. Keenan LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at $27,000. Resources Management Corp CT ADV acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth $27,000. Ascentis Independent Advisors acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter worth $28,000. Valued Wealth Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter valued at $30,000. Finally, Signature Resources Capital Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 161.1% during the first quarter. Signature Resources Capital Management LLC now owns 1,316 shares of the company’s stock valued at $37,000 after buying an additional 812 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA:FNDX opened at $32.53 on Monday. The firm has a market capitalization of $27.46 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $25.40 and a 1-year high of $32.85. The business’s fifty day moving average price is $31.65 and its 200 day moving average price is $30.13.

About Schwab Fundamental U.S. Large Company ETF

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.