Wingate Wealth Advisors Inc. Has $6.32 Million Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Wingate Wealth Advisors Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 14.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 240,448 shares of the company’s stock after purchasing an additional 30,586 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up approximately 4.4% of Wingate Wealth Advisors Inc.’s holdings, making the stock its 3rd biggest holding. Wingate Wealth Advisors Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $6,324,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FNDX. Allworth Financial LP raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 12.5% during the 2nd quarter. Allworth Financial LP now owns 173,319 shares of the company’s stock valued at $4,253,000 after acquiring an additional 19,215 shares during the last quarter. Assetmark Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 269.0% during the second quarter. Assetmark Inc. now owns 15,350 shares of the company’s stock valued at $377,000 after purchasing an additional 11,190 shares during the period. Blueprint Financial Advisors LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF in the second quarter valued at approximately $4,739,000. Boyce & Associates Wealth Consulting Inc. increased its stake in Schwab Fundamental U.S. Large Company ETF by 23.8% in the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 224,918 shares of the company’s stock valued at $5,915,000 after purchasing an additional 43,207 shares in the last quarter. Finally, BCS Wealth Management lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 22.2% during the third quarter. BCS Wealth Management now owns 178,274 shares of the company’s stock worth $4,689,000 after acquiring an additional 32,377 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX opened at $27.94 on Friday. The firm has a market capitalization of $22.74 billion, a PE 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 $27.98. The stock has a 50 day simple moving average of $27.03 and a 200 day simple moving average of $26.07.

About Schwab Fundamental U.S. Large Company ETF

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.