Western Wealth Management LLC Raises Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Western Wealth Management LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 123.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 44,570 shares of the company’s stock after acquiring an additional 24,593 shares during the quarter. Western Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,213,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Burk Holdings LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at $489,000. Blueprint Investment Partners LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 28.4% in the 3rd quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock valued at $5,117,000 after purchasing an additional 43,090 shares in the last quarter. AlphaCore Capital LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.9% in the 3rd quarter. AlphaCore Capital LLC now owns 3,596,691 shares of the company’s stock valued at $94,593,000 after purchasing an additional 200,122 shares in the last quarter. Capital Advantage Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 48.2% in the 4th quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock valued at $4,058,000 after purchasing an additional 48,529 shares in the last quarter. Finally, Blair William & Co. IL raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 164.8% in the 3rd quarter. Blair William & Co. IL now owns 74,293 shares of the company’s stock valued at $1,954,000 after purchasing an additional 46,236 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.9%

Shares of FNDX opened at $30.30 on Friday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $23.18 and a twelve month high of $30.68. The firm’s fifty day simple moving average is $28.83 and its 200-day simple moving average is $28.09. The firm has a market capitalization of $26.10 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

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.