Foguth Wealth Management LLC. Acquires 211,355 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Foguth Wealth Management LLC. grew its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 245.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 297,584 shares of the company’s stock after purchasing an additional 211,355 shares during the period. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 1.9% of Foguth Wealth Management LLC.’s investment portfolio, making the stock its 14th biggest holding. Foguth Wealth Management LLC. owned approximately 0.13% of Schwab Fundamental U.S. Large Company Index ETF worth $7,344,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Bank of Montreal Can boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 6.0% during the 2nd quarter. Bank of Montreal Can now owns 13,097 shares of the company’s stock worth $882,000 after buying an additional 739 shares during the last quarter. Truist Financial Corp boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 4.7% during the second quarter. Truist Financial Corp now owns 33,067 shares of the company’s stock valued at $2,215,000 after purchasing an additional 1,483 shares during the last quarter. Financial Synergies Wealth Advisors Inc. grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 14.0% in the third quarter. Financial Synergies Wealth Advisors Inc. now owns 20,432 shares of the company’s stock valued at $1,466,000 after purchasing an additional 2,503 shares in the last quarter. Strategies Wealth Advisors LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $206,000. Finally, Marquette Asset Management LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth approximately $71,000.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.5 %

NYSEARCA FNDX opened at $24.61 on Wednesday. The firm’s fifty day moving average price is $24.29 and its two-hundred day moving average price is $23.83. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.78 and a 1 year high of $25.17. The firm has a market capitalization of $5.64 billion, a P/E ratio of 17.79 and a beta of 0.84.

About Schwab Fundamental U.S. Large Company Index 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.