Foster & Motley Inc. Increases Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Foster & Motley Inc. lifted its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 13.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 318,893 shares of the company’s stock after acquiring an additional 37,005 shares during the period. Foster & Motley Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $8,881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Howe & Rusling Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 1.4% during the 4th quarter. Howe & Rusling Inc. now owns 27,075 shares of the company’s stock valued at $737,000 after purchasing an additional 381 shares during the last quarter. Legacy Financial Strategies LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.1% in the fourth quarter. Legacy Financial Strategies LLC now owns 36,795 shares of the company’s stock worth $1,001,000 after purchasing an additional 385 shares during the last quarter. Godsey & Gibb Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6.2% in the fourth quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock worth $185,000 after purchasing an additional 399 shares during the last quarter. Assetmark Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.7% in the fourth quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock worth $420,000 after purchasing an additional 408 shares during the last quarter. Finally, Harbor Asset Planning Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 0.6% during the fourth quarter. Harbor Asset Planning Inc. now owns 67,597 shares of the company’s stock worth $1,839,000 after purchasing an additional 423 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.4%

Shares of NYSEARCA FNDX opened at $30.98 on Friday. The business’s 50 day moving average price is $30.47 and its 200 day moving average price is $28.96. The firm has a market cap of $26.68 billion, a P/E ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $24.21 and a 52 week high of $31.56.

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.