Urban Financial Advisory Corp Grows Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Urban Financial Advisory Corp increased its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 18.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 702,603 shares of the company’s stock after buying an additional 110,028 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises approximately 8.6% of Urban Financial Advisory Corp’s investment portfolio, making the stock its 4th biggest holding. Urban Financial Advisory Corp owned about 0.09% of Schwab Fundamental U.S. Large Company ETF worth $18,478,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of FNDX. Charles Schwab Investment Management Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 3.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock valued at $9,871,112,000 after acquiring an additional 12,903,364 shares in the last quarter. Captrust Financial Advisors raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.4% in the 3rd quarter. Captrust Financial Advisors now owns 17,023,084 shares of the company’s stock worth $447,707,000 after acquiring an additional 718,789 shares in the last quarter. Boulay Financial Advisors LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the 3rd quarter. Boulay Financial Advisors LLC now owns 8,772,604 shares of the company’s stock worth $230,719,000 after purchasing an additional 243,340 shares during the last quarter. McAdam LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.8% during the 3rd quarter. McAdam LLC now owns 8,751,118 shares of the company’s stock worth $230,154,000 after purchasing an additional 482,945 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 4.5% during the second quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock valued at $199,151,000 after purchasing an additional 349,667 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX opened at $28.17 on Wednesday. The business’s 50-day moving average is $28.51 and its two-hundred day moving average is $27.30. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $29.37. The firm has a market capitalization of $23.34 billion, a PE ratio of 17.86 and a beta of 0.93.

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.