Johnson Bixby & Associates LLC Has $2.22 Million Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Johnson Bixby & Associates LLC lessened its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 0.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 90,467 shares of the company’s stock after selling 735 shares during the period. Johnson Bixby & Associates LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,220,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Woodside Wealth Management LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at $25,000. Bridge Generations Wealth Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 171.2% during the first quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock valued at $28,000 after buying an additional 738 shares during the last quarter. Key Financial Inc grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 79.5% during the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after buying an additional 596 shares during the last quarter. Dagco Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter worth about $33,000. Finally, JFS Wealth Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth about $44,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of NYSEARCA FNDX opened at $26.31 on Friday. The stock has a market cap of $19.99 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $26.51. The firm’s 50-day simple moving average is $25.50 and its 200 day simple moving average is $24.21.

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.