CPC Advisors LLC Purchases 18,285 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

CPC Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.2% during the third quarter, HoldingsChannel reports. The fund owned 844,738 shares of the company’s stock after buying an additional 18,285 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises about 2.3% of CPC Advisors LLC’s portfolio, making the stock its 10th largest holding. CPC Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $22,217,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of FNDX. Paladin Advisory Group LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the second quarter valued at about $25,000. Mid American Wealth Advisory Group Inc. bought a new position in Schwab Fundamental U.S. Large Company ETF in the 2nd quarter valued at approximately $37,000. Bogart Wealth LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 91.5% in the 3rd quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock valued at $43,000 after buying an additional 777 shares during the last quarter. Salomon & Ludwin LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 142.2% during the 2nd quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock worth $45,000 after buying an additional 1,062 shares during the period. Finally, Berkshire Money Management Inc. bought a new stake in Schwab Fundamental U.S. Large Company ETF during the 2nd quarter worth approximately $52,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of NYSEARCA FNDX opened at $28.10 on Tuesday. The firm has a 50 day moving average price of $27.09 and a two-hundred day moving average price of $26.15. The stock has a market cap of $22.91 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 $28.16.

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.