Welch Group LLC Buys 22,902 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Welch Group LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,902 shares of the company’s stock, valued at approximately $721,000.

Other institutional investors have also made changes to their positions in the company. Capital Advantage Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 19.6% during the second quarter. Capital Advantage Inc. now owns 214,467 shares of the company’s stock worth $6,670,000 after purchasing an additional 35,081 shares in the last quarter. InTrack Investment Management Inc increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 321.1% in the second quarter. InTrack Investment Management Inc now owns 61,589 shares of the company’s stock valued at $1,915,000 after purchasing an additional 46,962 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter valued at approximately $3,013,000. Wealthspire Retirement LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 22.5% in the first quarter. Wealthspire Retirement LLC now owns 954,774 shares of the company’s stock valued at $26,590,000 after purchasing an additional 175,175 shares in the last quarter. Finally, Stillwater Wealth Management Group raised its position in Schwab Fundamental U.S. Large Company ETF by 17.1% in the 3rd quarter. Stillwater Wealth Management Group now owns 275,654 shares of the company’s stock worth $8,675,000 after purchasing an additional 40,321 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX stock opened at $32.70 on Tuesday. The company has a 50 day moving average price of $32.32 and a 200 day moving average price of $30.56. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $25.87 and a fifty-two week high of $32.94. The stock has a market capitalization of $28.42 billion, a PE 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.