Northwestern Mutual Wealth Management Co. Acquires 17,478 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Northwestern Mutual Wealth Management Co. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 421,374 shares of the company’s stock after acquiring an additional 17,478 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.18% of Schwab Fundamental U.S. Large Company Index ETF worth $28,224,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.9% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 127,923,658 shares of the company’s stock worth $8,620,775,000 after buying an additional 2,406,870 shares during the period. Captrust Financial Advisors boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.3% during the first quarter. Captrust Financial Advisors now owns 3,019,066 shares of the company’s stock valued at $203,455,000 after purchasing an additional 204,998 shares in the last quarter. McAdam LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 6.4% in the second quarter. McAdam LLC now owns 2,750,884 shares of the company’s stock worth $184,254,000 after purchasing an additional 165,901 shares during the period. Signature Estate & Investment Advisors LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.3% in the second quarter. Signature Estate & Investment Advisors LLC now owns 2,694,681 shares of the company’s stock worth $180,490,000 after purchasing an additional 33,748 shares in the last quarter. Finally, Northwest Bancshares Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.0% during the 1st quarter. Northwest Bancshares Inc. now owns 2,084,640 shares of the company’s stock valued at $140,484,000 after buying an additional 40,927 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $71.76 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $53.32 and a 1 year high of $71.90. The firm has a market cap of $16.43 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The company has a 50-day moving average of $69.24 and a 200 day moving average of $67.47.

Schwab Fundamental U.S. Large Company Index 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.