Schwab Fundamental U.S. Large Company ETF $FNDX Stake Boosted by Solitude Financial Services

Solitude Financial Services increased its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 935,707 shares of the company’s stock after acquiring an additional 17,300 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises about 8.0% of Solitude Financial Services’ investment portfolio, making the stock its 5th biggest holding. Solitude Financial Services owned 0.11% of Schwab Fundamental U.S. Large Company ETF worth $27,145,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FNDX. Howe & Rusling Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 1.4% in the fourth quarter. Howe & Rusling Inc. now owns 27,075 shares of the company’s stock worth $737,000 after purchasing an additional 381 shares during the last quarter. Legacy Financial Strategies LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.1% during the 4th quarter. Legacy Financial Strategies LLC now owns 36,795 shares of the company’s stock valued at $1,001,000 after purchasing an additional 385 shares during the period. Godsey & Gibb Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 6.2% during the 4th quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock valued at $185,000 after purchasing an additional 399 shares during the last quarter. Assetmark Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.7% during the 4th quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock valued at $420,000 after purchasing an additional 408 shares during the last quarter. Finally, Harbor Asset Planning Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 0.6% in the 4th quarter. Harbor Asset Planning Inc. now owns 67,597 shares of the company’s stock worth $1,839,000 after purchasing an additional 423 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX stock opened at $31.05 on Friday. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $23.89 and a 12 month high of $31.56. The stock has a market cap of $26.74 billion, a P/E ratio of 17.86 and a beta of 0.87. The company has a 50 day simple moving average of $30.30 and a two-hundred day simple moving average of $28.84.

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.