Monetary Solutions Ltd Acquires Shares of 27,916 Schwab Fundamental U.S. Large Company ETF $FNDX

Monetary Solutions Ltd bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 27,916 shares of the company’s stock, valued at approximately $760,000. Schwab Fundamental U.S. Large Company ETF accounts for about 0.7% of Monetary Solutions Ltd’s investment portfolio, making the stock its 23rd largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FNDX. Blueprint Investment Partners LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 28.4% in the third quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock valued at $5,117,000 after acquiring an additional 43,090 shares during the period. Burk Holdings LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at approximately $489,000. AlphaCore Capital LLC increased its holdings in shares of 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 valued at $94,593,000 after purchasing an additional 200,122 shares in the last quarter. Capital Advantage Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 48.2% in the 4th quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock valued at $4,058,000 after purchasing an additional 48,529 shares during the period. Finally, Blair William & Co. IL lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 164.8% in the 3rd quarter. Blair William & Co. IL now owns 74,293 shares of the company’s stock valued at $1,954,000 after purchasing an additional 46,236 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX stock opened at $31.05 on Friday. The firm has a market cap of $26.74 billion, a PE ratio of 17.86 and a beta of 0.87. The firm’s fifty day moving average is $30.25 and its 200 day moving average is $28.83. Schwab Fundamental U.S. Large Company ETF has a one year low of $23.89 and a one year high of $31.56.

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.