Clarkston Capital Partners LLC Makes New $5.69 Million Investment in Schwab Fundamental U.S. Large Company ETF $FNDX

Clarkston Capital Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 216,509 shares of the company’s stock, valued at approximately $5,694,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Midland Wealth Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 0.6% during the third quarter. Midland Wealth Advisors LLC now owns 66,619 shares of the company’s stock worth $1,752,000 after buying an additional 397 shares during the period. Atlantic Union Bankshares Corp lifted its stake in Schwab Fundamental U.S. Large Company ETF by 6.5% in the third quarter. Atlantic Union Bankshares Corp now owns 6,724 shares of the company’s stock worth $177,000 after acquiring an additional 412 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 2.1% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 20,597 shares of the company’s stock worth $542,000 after acquiring an additional 420 shares in the last quarter. Valley National Advisers Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 0.9% during the 3rd quarter. Valley National Advisers Inc. now owns 50,998 shares of the company’s stock worth $1,341,000 after acquiring an additional 474 shares in the last quarter. Finally, Nabity Jensen Investment Management Inc increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 1.5% in the 3rd quarter. Nabity Jensen Investment Management Inc now owns 36,025 shares of the company’s stock valued at $947,000 after purchasing an additional 518 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 1.2%

Shares of FNDX opened at $28.23 on Monday. The firm has a market capitalization of $23.39 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The firm’s fifty day simple moving average is $28.42 and its 200-day simple moving average is $27.18. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $29.37.

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.