Capital Advantage Inc. Purchases 48,529 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Capital Advantage Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 48.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,125 shares of the company’s stock after acquiring an additional 48,529 shares during the period. Capital Advantage Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,058,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth $719,000. AQR Capital Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at $739,000. Jane Street Group LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% in the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock valued at $2,090,000 after buying an additional 25,267 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 22.6% in the second quarter. Rockefeller Capital Management L.P. now owns 21,828 shares of the company’s stock valued at $536,000 after buying an additional 4,027 shares during the last quarter. Finally, Howe & Rusling Inc. lifted its position in Schwab Fundamental U.S. Large Company ETF by 26.6% during the 2nd quarter. Howe & Rusling Inc. now owns 30,031 shares of the company’s stock worth $737,000 after buying an additional 6,310 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 1.1%

Shares of NYSEARCA:FNDX opened at $27.51 on Friday. The firm has a market cap of $22.79 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $29.37. The company’s 50-day moving average price is $28.50 and its two-hundred day moving average price is $27.32.

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.