Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by AE Wealth Management LLC

AE Wealth Management LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 20.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,026 shares of the company’s stock after buying an additional 6,179 shares during the period. AE Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $2,480,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in FNDX. Geneos Wealth Management Inc. raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 276.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 391 shares of the company’s stock worth $26,000 after buying an additional 287 shares during the period. Able Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth approximately $28,000. Palisade Asset Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the first quarter valued at approximately $30,000. Johnson Financial Group Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 262.2% in the 4th quarter. Johnson Financial Group Inc. now owns 536 shares of the company’s stock valued at $33,000 after acquiring an additional 388 shares in the last quarter. Finally, Triad Wealth Partners LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the 2nd quarter worth approximately $41,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.2 %

Shares of NYSEARCA:FNDX opened at $71.33 on Monday. The company’s fifty day moving average is $69.03 and its two-hundred day moving average is $67.26. The company has a market cap of $16.33 billion, a P/E ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $53.32 and a 12-month high of $71.66.

Schwab Fundamental U.S. Large Company Index 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.