Directional Asset Management Takes $1.53 Million Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Directional Asset Management bought a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 56,074 shares of the company’s stock, valued at approximately $1,526,000. Schwab Fundamental U.S. Large Company ETF accounts for about 1.3% of Directional Asset Management’s investment portfolio, making the stock its 21st biggest holding.

A number of other large investors have also added to or reduced their stakes in the company. Burk Holdings LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $489,000. Blueprint Investment Partners LLC grew its stake in Schwab Fundamental U.S. Large Company ETF by 28.4% during the 3rd quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock valued at $5,117,000 after purchasing an additional 43,090 shares in the last quarter. Capital Advantage Inc. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 48.2% during the 4th quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock worth $4,058,000 after purchasing an additional 48,529 shares during the last quarter. AlphaCore Capital LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 5.9% during the 3rd quarter. AlphaCore Capital LLC now owns 3,596,691 shares of the company’s stock worth $94,593,000 after purchasing an additional 200,122 shares during the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 23.8% in the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 224,918 shares of the company’s stock valued at $5,915,000 after purchasing an additional 43,207 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.2%

Schwab Fundamental U.S. Large Company ETF stock opened at $29.49 on Friday. The stock has a market cap of $25.31 billion, a P/E ratio of 17.86 and a beta of 0.88. The stock has a 50 day moving average of $28.50 and a 200-day moving average of $27.71. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $22.25 and a 52 week high of $29.60.

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.