Schwab Fundamental U.S. Large Company ETF $FNDX is Wealth Forward LLC’s 5th Largest Position

Wealth Forward LLC lowered its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.0% in the second quarter, HoldingsChannel.com reports. The firm owned 490,770 shares of the company’s stock after selling 4,720 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises 8.1% of Wealth Forward LLC’s holdings, making the stock its 5th largest position. Wealth Forward LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $12,043,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FNDX. Paladin Advisory Group LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the 2nd quarter worth about $25,000. Woodside Wealth Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth about $25,000. Key Financial Inc lifted its stake in Schwab Fundamental U.S. Large Company ETF by 79.5% during the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock worth $32,000 after purchasing an additional 596 shares during the last quarter. Dagco Inc. purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the first quarter worth approximately $33,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF in the second quarter valued at approximately $37,000.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.5%

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $26.50 on Monday. The firm has a market capitalization of $20.99 billion, a P/E ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $26.97. The firm’s 50 day moving average is $26.27 and its two-hundred day moving average is $25.01.

Schwab Fundamental U.S. Large Company 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.