Cabot Wealth Management Inc. Acquires New Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Cabot Wealth Management Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 737,435 shares of the company’s stock, valued at approximately $23,207,000. Schwab Fundamental U.S. Large Company ETF makes up approximately 2.1% of Cabot Wealth Management Inc.’s holdings, making the stock its 10th biggest holding. Cabot Wealth Management Inc. owned about 0.08% of Schwab Fundamental U.S. Large Company ETF at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Next Level Wealth Planning LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at $26,000. Ascentis Independent Advisors acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth $28,000. Richards Merrill & Peterson Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth $40,000. Scarborough Advisors LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter worth $54,000. Finally, First Bancorp Inc ME bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the second quarter worth $63,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX opened at $33.03 on Thursday. The firm has a market capitalization of $28.85 billion, a price-to-earnings ratio of 18.57 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a one year low of $25.87 and a one year high of $33.38. The stock’s fifty day moving average is $32.34 and its 200-day moving average is $30.71.

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.