Townsend Asset Management Corp NC ADV Increases Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Townsend Asset Management Corp NC ADV increased its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 691.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,918 shares of the company’s stock after acquiring an additional 27,012 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $861,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. TradeWell Securities LLC. purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth approximately $346,153,000. Keybank National Association OH grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% during the 4th quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock valued at $225,618,000 after purchasing an additional 8,266,612 shares in the last quarter. Captrust Financial Advisors grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 25.7% during the 4th quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock valued at $582,113,000 after purchasing an additional 4,370,263 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock worth $11,249,790,000 after purchasing an additional 4,241,879 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 3,064.0% in the fourth quarter. Bank of New York Mellon Corp now owns 2,528,667 shares of the company’s stock worth $68,805,000 after purchasing an additional 2,448,747 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX stock opened at $31.46 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $24.27 and a 52-week high of $31.72. The company has a market capitalization of $26.36 billion, a PE ratio of 17.86 and a beta of 0.87. The business’s fifty day moving average is $30.99 and its 200 day moving average is $29.40.

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.