Schwab Fundamental U.S. Large Company ETF $FNDX Shares Acquired by BCS Wealth Management

BCS Wealth Management raised its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 163.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 469,554 shares of the company’s stock after purchasing an additional 291,280 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises 1.3% of BCS Wealth Management’s holdings, making the stock its 15th biggest position. BCS Wealth Management owned approximately 0.06% of Schwab Fundamental U.S. Large Company ETF worth $12,777,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of FNDX. Capital Investment Advisory Services LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after acquiring an additional 615 shares during the period. Bogart Wealth LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 91.5% in the third quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock worth $43,000 after acquiring an additional 777 shares during the period. First Command Advisory Services Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter worth $43,000. Fifth Third Bancorp acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter worth $44,000. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter worth $50,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $28.98 on Wednesday. The firm has a market capitalization of $24.79 billion, a P/E ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $21.35 and a 1-year high of $29.37. The company’s fifty day moving average price is $28.45 and its 200-day moving average price is $27.58.

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.