Schwab Fundamental U.S. Large Company ETF $FNDX Shares Newly Bought by Wavvest Wealth LLC

Wavvest Wealth LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the third quarter, HoldingsChannel.com reports. The fund acquired 16,864 shares of the company’s stock, valued at approximately $531,000.

Several other hedge funds have also modified their holdings of the company. Keybank National Association OH grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 50.2% during the 1st quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after acquiring an additional 4,162,731 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,039,245 shares of the company’s stock valued at $218,921,000 after purchasing an additional 416,802 shares in the last quarter. Charles Schwab Trust Co raised its holdings in Schwab Fundamental U.S. Large Company ETF by 12.1% in the 2nd quarter. Charles Schwab Trust Co now owns 3,606,725 shares of the company’s stock worth $112,169,000 after purchasing an additional 387,946 shares during the period. Cetera Investment Advisers raised its holdings in Schwab Fundamental U.S. Large Company ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 3,891,438 shares of the company’s stock worth $108,377,000 after purchasing an additional 108,569 shares during the period. Finally, Bank of America Corp DE raised its holdings in Schwab Fundamental U.S. Large Company ETF by 0.4% in the 1st quarter. Bank of America Corp DE now owns 3,144,222 shares of the company’s stock worth $87,567,000 after purchasing an additional 13,371 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.1%

Shares of FNDX stock opened at $32.71 on Thursday. The company has a market capitalization of $28.32 billion, a P/E ratio of 17.86 and a beta of 0.88. The business’s 50 day moving average is $32.29 and its two-hundred day moving average is $31.28. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $25.87 and a 12-month high of $32.85.

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.