Clarkston Capital Partners LLC Buys New Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Clarkston Capital Partners LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 216,509 shares of the company’s stock, valued at approximately $5,694,000.

Other large investors have also modified their holdings of the company. Bogart Wealth LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 91.5% in the 3rd quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock worth $43,000 after acquiring an additional 777 shares in the last quarter. First Command Advisory Services Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF during the third quarter valued at $43,000. Fifth Third Bancorp acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $44,000. Manning & Napier Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $50,000. Finally, PFS Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter worth about $59,000.

Schwab Fundamental U.S. Large Company ETF Trading Down 1.2%

NYSEARCA:FNDX opened at $28.23 on Monday. The stock has a 50 day moving average of $28.42 and a two-hundred day moving average of $27.18. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $29.37. The firm has a market cap of $23.39 billion, a P/E ratio of 17.86 and a beta of 0.93.

Schwab Fundamental U.S. Large Company ETF 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.