Allworth Financial LP Raises Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Allworth Financial LP boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 12.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 173,319 shares of the company’s stock after buying an additional 19,215 shares during the quarter. Allworth Financial LP’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,253,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 269.0% in the second quarter. Assetmark Inc. now owns 15,350 shares of the company’s stock valued at $377,000 after purchasing an additional 11,190 shares during the period. Aufman Associates Inc grew its stake in Schwab Fundamental U.S. Large Company ETF by 627.9% in the 1st quarter. Aufman Associates Inc now owns 96,175 shares of the company’s stock valued at $2,271,000 after buying an additional 82,962 shares in the last quarter. Advisors Capital Management LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 5.8% during the 1st quarter. Advisors Capital Management LLC now owns 13,746 shares of the company’s stock valued at $325,000 after acquiring an additional 759 shares during the period. AE Wealth Management LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 7.0% during the 2nd quarter. AE Wealth Management LLC now owns 168,377 shares of the company’s stock valued at $4,132,000 after acquiring an additional 11,004 shares during the period. Finally, Blair William & Co. IL lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.7% during the second quarter. Blair William & Co. IL now owns 28,057 shares of the company’s stock worth $689,000 after acquiring an additional 744 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $26.87 on Wednesday. The business has a fifty day moving average price of $26.31 and a 200-day moving average price of $25.07. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $26.97. The firm has a market capitalization of $21.28 billion, a P/E ratio of 17.86 and a beta of 0.93.

Schwab Fundamental U.S. Large Company ETF Company Profile

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.