Schwab Fundamental U.S. Large Company ETF $FNDX Shares Bought by Red Tortoise LLC

Red Tortoise LLC boosted its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 3.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 247,442 shares of the company’s stock after buying an additional 7,731 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up approximately 2.9% of Red Tortoise LLC’s investment portfolio, making the stock its 9th largest holding. Red Tortoise LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $6,072,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Townsend Asset Management Corp NC ADV raised its position in Schwab Fundamental U.S. Large Company ETF by 1.2% during the second quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock worth $898,000 after acquiring an additional 436 shares during the period. Archvest Wealth Advisors Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.6% in the 1st quarter. Archvest Wealth Advisors Inc. now owns 29,063 shares of the company’s stock worth $686,000 after acquiring an additional 455 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 3.2% in the 1st quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 15,045 shares of the company’s stock valued at $355,000 after purchasing an additional 460 shares during the last quarter. Financial Synergies Wealth Advisors Inc. grew its position in Schwab Fundamental U.S. Large Company ETF by 0.8% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 56,968 shares of the company’s stock worth $1,345,000 after acquiring an additional 466 shares during the period. Finally, Mather Group LLC. raised its holdings in Schwab Fundamental U.S. Large Company ETF by 2.9% in the 2nd quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock valued at $409,000 after buying an additional 468 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.3%

Shares of NYSEARCA FNDX opened at $26.52 on Monday. The stock has a market capitalization of $20.63 billion, a PE ratio of 17.86 and a beta of 1.00. The stock has a fifty day simple moving average of $25.64 and a 200-day simple moving average of $24.31. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $26.66.

About Schwab Fundamental U.S. Large Company 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.