Schwab Fundamental U.S. Large Company ETF $FNDX Shares Bought by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 932.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 104,223 shares of the company’s stock after purchasing an additional 94,125 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,836,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FNDX. Midland Wealth Advisors LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF by 0.6% in the 3rd 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 in the last quarter. Atlantic Union Bankshares Corp raised its stake in Schwab Fundamental U.S. Large Company ETF by 6.5% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 6,724 shares of the company’s stock valued at $177,000 after acquiring an additional 412 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position 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 during the period. Valley National Advisers Inc. boosted its position 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 during the period. Finally, Nabity Jensen Investment Management Inc grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.5% in the third quarter. Nabity Jensen Investment Management Inc now owns 36,025 shares of the company’s stock worth $947,000 after purchasing an additional 518 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA:FNDX opened at $27.90 on Thursday. The stock has a market cap of $23.12 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $29.37. The business has a fifty day moving average of $28.49 and a 200-day moving average of $27.37.

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.