Financial Synergies Wealth Advisors Inc. Acquires 7,617 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Financial Synergies Wealth Advisors Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 13.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,585 shares of the company’s stock after purchasing an additional 7,617 shares during the period. Financial Synergies Wealth Advisors Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,585,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Private Trust Co. NA bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at $47,000. QRG Capital Management Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 29.5% in the 1st quarter. QRG Capital Management Inc. now owns 27,266 shares of the company’s stock valued at $644,000 after acquiring an additional 6,214 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 36.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 28,991 shares of the company’s stock valued at $684,000 after acquiring an additional 7,679 shares during the last quarter. Aufman Associates Inc lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 627.9% in the 1st quarter. Aufman Associates Inc now owns 96,175 shares of the company’s stock valued at $2,271,000 after acquiring an additional 82,962 shares during the last quarter. Finally, Advisors Capital Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.8% in the 1st quarter. Advisors Capital Management LLC now owns 13,746 shares of the company’s stock valued at $325,000 after acquiring an additional 759 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX opened at $26.21 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $26.66. The stock has a market capitalization of $20.65 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00. The stock has a fifty day moving average of $25.93 and a 200-day moving average of $24.48.

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.