Litman Gregory Wealth Management LLC Grows Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Litman Gregory Wealth Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 14.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 21,404 shares of the company’s stock after acquiring an additional 2,629 shares during the period. Litman Gregory Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $525,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Private Trust Co. NA acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth $47,000. Dynamic Advisor Solutions LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at $431,000. Janney Montgomery Scott LLC boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 36.0% in the first quarter. Janney Montgomery Scott LLC now owns 28,991 shares of the company’s stock valued at $684,000 after acquiring an additional 7,679 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 29.5% in the first quarter. QRG Capital Management Inc. now owns 27,266 shares of the company’s stock valued at $644,000 after acquiring an additional 6,214 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 90.3% during the first quarter. Farther Finance Advisors LLC now owns 15,302 shares of the company’s stock valued at $361,000 after acquiring an additional 7,260 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA:FNDX opened at $26.52 on Monday. The business has a 50-day moving average of $25.64 and a two-hundred day moving average of $24.31. The firm has a market capitalization of $20.63 billion, a PE ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $26.66.

Schwab Fundamental U.S. Large Company ETF Company 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.