229,264 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX Bought by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. bought a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 229,264 shares of the company’s stock, valued at approximately $7,215,000. Schwab Fundamental U.S. Large Company ETF comprises approximately 1.1% of Schmidt P J Investment Management Inc.’s portfolio, making the stock its 27th biggest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Capital Advantage Inc. increased its stake in Schwab Fundamental U.S. Large Company ETF by 19.6% during the 2nd quarter. Capital Advantage Inc. now owns 214,467 shares of the company’s stock worth $6,670,000 after buying an additional 35,081 shares during the period. InTrack Investment Management Inc lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 321.1% during the 2nd quarter. InTrack Investment Management Inc now owns 61,589 shares of the company’s stock worth $1,915,000 after buying an additional 46,962 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $3,013,000. Wealthspire Retirement LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 22.5% in the 1st quarter. Wealthspire Retirement LLC now owns 954,774 shares of the company’s stock valued at $26,590,000 after buying an additional 175,175 shares during the period. Finally, Stillwater Wealth Management Group boosted its position in Schwab Fundamental U.S. Large Company ETF by 17.1% in the 3rd quarter. Stillwater Wealth Management Group now owns 275,654 shares of the company’s stock valued at $8,675,000 after buying an additional 40,321 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Up 1.9%

NYSEARCA:FNDX opened at $33.19 on Thursday. The company has a fifty day simple moving average of $32.33 and a two-hundred day simple moving average of $30.60. The company has a market cap of $28.88 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $25.87 and a 52 week high of $33.21.

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.