Advisors Capital Management LLC Has $325,000 Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Advisors Capital Management LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,746 shares of the company’s stock after purchasing an additional 759 shares during the period. Advisors Capital Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $325,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in FNDX. Woodside Wealth Management LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter worth about $25,000. Bridge Generations Wealth Management LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 171.2% in the first 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 in the last quarter. Key Financial Inc increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 79.5% in the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after purchasing an additional 596 shares in the last quarter. Pinney & Scofield Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $33,000. Finally, Dagco Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $33,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $26.06 on Friday. The firm has a market cap of $19.80 billion, a P/E ratio of 17.86 and a beta of 1.00. The firm has a 50 day simple moving average of $25.22 and a 200 day simple moving average of $24.05. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $26.19.

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.