Pinnacle Wealth Planning Services Inc. Takes $1.76 Million Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Pinnacle Wealth Planning Services Inc. bought a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 71,500 shares of the company’s stock, valued at approximately $1,755,000.

Other large investors have also recently bought and sold shares of the company. Paladin Advisory Group LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 2nd quarter worth approximately $25,000. Dagco Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at $33,000. Mid American Wealth Advisory Group Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF during the second quarter worth $37,000. Salomon & Ludwin LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 142.2% during the second quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock worth $45,000 after acquiring an additional 1,062 shares in the last quarter. Finally, WealthShield Partners LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 40.4% during the first quarter. WealthShield Partners LLC now owns 1,881 shares of the company’s stock worth $44,000 after acquiring an additional 541 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX opened at $26.28 on Tuesday. The company has a market cap of $20.82 billion, a PE ratio of 17.86 and a beta of 0.93. The firm has a 50-day moving average of $26.37 and a 200-day moving average of $25.18. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $27.01.

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.