D.A. Davidson & CO. Raises Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

D.A. Davidson & CO. boosted its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 169.5% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 25,449 shares of the company’s stock after buying an additional 16,007 shares during the period. D.A. Davidson & CO.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $709,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Belpointe Asset Management LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF by 3.1% during the 4th quarter. Belpointe Asset Management LLC now owns 1,345,095 shares of the company’s stock worth $36,600,000 after acquiring an additional 40,963 shares during the period. BCS Wealth Management lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 163.4% in the 4th quarter. BCS Wealth Management now owns 469,554 shares of the company’s stock valued at $12,777,000 after purchasing an additional 291,280 shares during the period. Williams Financial LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at about $14,741,000. Millstone Evans Group LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $1,160,000. Finally, Csenge Advisory Group boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 87.7% during the 4th quarter. Csenge Advisory Group now owns 76,281 shares of the company’s stock valued at $2,076,000 after purchasing an additional 35,646 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA FNDX opened at $31.35 on Friday. The stock has a market capitalization of $26.34 billion, a P/E ratio of 17.86 and a beta of 0.87. The business has a 50 day simple moving average of $31.07 and a 200 day simple moving average of $29.53. Schwab Fundamental U.S. Large Company ETF has a one year low of $24.27 and a one year high of $31.78.

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.