Burk Holdings LLC Buys Shares of 18,581 Schwab Fundamental U.S. Large Company ETF $FNDX

Burk Holdings LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,581 shares of the company’s stock, valued at approximately $489,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Charles Schwab Investment Management Inc. lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 3.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock valued at $9,871,112,000 after buying an additional 12,903,364 shares during the period. AlphaCore Capital LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 24,845.4% during the 2nd quarter. AlphaCore Capital LLC now owns 3,396,569 shares of the company’s stock valued at $83,352,000 after acquiring an additional 3,382,953 shares during the last quarter. Berman McAleer LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at $25,914,000. Corient Private Wealth LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock worth $44,661,000 after purchasing an additional 879,651 shares during the last quarter. Finally, Richardson Capital Management LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 409,338.5% during the third quarter. Richardson Capital Management LLC now owns 872,104 shares of the company’s stock worth $22,936,000 after purchasing an additional 871,891 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.1%

NYSEARCA FNDX opened at $29.00 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $29.37. The stock has a 50-day simple moving average of $28.33 and a 200 day simple moving average of $27.08. The company has a market capitalization of $24.03 billion, a PE ratio of 17.86 and a beta of 0.93.

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.