Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) is Pacific Wealth Strategies Group Inc.’s 8th Largest Position

Pacific Wealth Strategies Group Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 2.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 75,523 shares of the company’s stock after acquiring an additional 1,940 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 4.5% of Pacific Wealth Strategies Group Inc.’s investment portfolio, making the stock its 8th largest holding. Pacific Wealth Strategies Group Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $4,678,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 1.4% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 124,385,451 shares of the company’s stock valued at $6,961,854,000 after buying an additional 1,757,011 shares during the last quarter. Alps Advisors Inc. purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at approximately $39,682,000. Planned Solutions Inc. purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $21,114,000. Pasadena Private Wealth LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $13,665,000. Finally, Strata Wealth Advisors LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 958.3% during the fourth quarter. Strata Wealth Advisors LLC now owns 195,292 shares of the company’s stock worth $12,096,000 after acquiring an additional 176,838 shares during the period.

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

Schwab Fundamental U.S. Large Company Index ETF stock traded down $0.26 during trading hours on Wednesday, hitting $65.02. The stock had a trading volume of 52,316 shares, compared to its average volume of 522,260. The stock has a market capitalization of $14.76 billion, a price-to-earnings ratio of 17.39 and a beta of 0.86. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $53.32 and a 1-year high of $67.52. The stock’s fifty day moving average is $65.31 and its two-hundred day moving average is $61.53.

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.