Baird Financial Group Inc. Buys New Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Baird Financial Group Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 26,274 shares of the company’s stock, valued at approximately $620,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of FNDX. Woodside Wealth Management LLC bought a new position in Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at approximately $25,000. Bridge Generations Wealth Management LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 171.2% during the 1st quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock valued at $28,000 after purchasing an additional 738 shares during the last quarter. Key Financial Inc raised its position in Schwab Fundamental U.S. Large Company ETF by 79.5% during the 1st quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after purchasing an additional 596 shares during the last quarter. Pinney & Scofield Inc. bought a new position in Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at approximately $33,000. Finally, Dagco Inc. bought a new position in Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at approximately $33,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX opened at $25.85 on Thursday. The business has a 50 day simple moving average of $25.18 and a two-hundred day simple moving average of $24.03. The firm has a market capitalization of $19.64 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $26.04.

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.