Dechtman Wealth Management LLC Has $710,000 Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Dechtman Wealth Management LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,994 shares of the company’s stock after buying an additional 20,043 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for approximately 0.1% of Dechtman Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Dechtman Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $710,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Centaurus Financial Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $127,000. Elios Financial Group Inc. bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at $226,000. FMR LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 16.6% during the third quarter. FMR LLC now owns 85,753 shares of the company’s stock worth $6,154,000 after buying an additional 12,239 shares during the last quarter. Townsquare Capital LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 49.4% during the third quarter. Townsquare Capital LLC now owns 5,985 shares of the company’s stock valued at $429,000 after buying an additional 1,980 shares during the last quarter. Finally, Icon Wealth Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth about $108,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Performance

Shares of NYSEARCA FNDX opened at $23.97 on Wednesday. The stock has a market cap of $17.57 billion, a price-to-earnings ratio of 18.62 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.25 and a fifty-two week high of $25.17. The firm’s 50-day simple moving average is $24.30 and its 200 day simple moving average is $24.15.

Schwab Fundamental U.S. Large Company Index 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.