Fortis Capital Advisors LLC Boosts Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Fortis Capital Advisors LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,345,095 shares of the company’s stock after acquiring an additional 40,963 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up about 5.4% of Fortis Capital Advisors LLC’s investment portfolio, making the stock its 4th largest position. Fortis Capital Advisors LLC owned 0.16% of Schwab Fundamental U.S. Large Company ETF worth $36,600,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Stillwater Wealth Management Group bought a new position in Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at $2,693,000. Phillips Financial Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 4.1% in the fourth quarter. Phillips Financial Management LLC now owns 39,649 shares of the company’s stock worth $1,079,000 after purchasing an additional 1,554 shares during the last quarter. Lakewood Asset Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 4.0% in the fourth quarter. Lakewood Asset Management LLC now owns 353,870 shares of the company’s stock worth $9,629,000 after purchasing an additional 13,467 shares during the last quarter. Nabity Jensen Investment Management Inc grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 62.9% in the fourth quarter. Nabity Jensen Investment Management Inc now owns 58,685 shares of the company’s stock worth $1,597,000 after purchasing an additional 22,660 shares during the last quarter. Finally, Merit Financial Group LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 150.5% in the fourth quarter. Merit Financial Group LLC now owns 870,013 shares of the company’s stock worth $23,673,000 after purchasing an additional 522,654 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA FNDX opened at $29.42 on Monday. The company’s 50-day moving average price is $28.47 and its 200-day moving average price is $27.64. The stock has a market cap of $25.23 billion, a PE ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $21.35 and a 12 month high of $29.52.

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.