MSA Advisors LLC Buys New Shares in Schwab Fundamental U.S. Large Company ETF $FNDX

MSA Advisors LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,952 shares of the company’s stock, valued at approximately $584,000. Schwab Fundamental U.S. Large Company ETF makes up about 0.2% of MSA Advisors LLC’s portfolio, making the stock its 28th biggest position.

A number of other large investors have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock valued at $11,249,790,000 after purchasing an additional 4,241,879 shares during the period. Captrust Financial Advisors boosted 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 worth $582,113,000 after purchasing an additional 4,370,263 shares in the last quarter. TradeWell Securities LLC. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at about $346,153,000. Keybank National Association OH grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 50.2% in the 1st quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after buying an additional 4,162,731 shares during the period. Finally, Boulay Financial Advisors LLC increased its position in Schwab Fundamental U.S. Large Company ETF by 4.0% in the 4th quarter. Boulay Financial Advisors LLC now owns 9,126,260 shares of the company’s stock valued at $248,326,000 after buying an additional 353,656 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $31.87 on Wednesday. The business has a 50-day simple moving average of $31.16 and a 200 day simple moving average of $29.61. Schwab Fundamental U.S. Large Company ETF has a one year low of $24.27 and a one year high of $31.91. The firm has a market capitalization of $26.82 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87.

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.