22,902 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX Purchased by Welch Group LLC

Welch Group LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 22,902 shares of the company’s stock, valued at approximately $721,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Root Financial Partners LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 0.7% in the third quarter. Root Financial Partners LLC now owns 44,101 shares of the company’s stock valued at $1,388,000 after buying an additional 308 shares during the period. Asset Advisory Group Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 0.4% during the 3rd quarter. Asset Advisory Group Inc. now owns 82,013 shares of the company’s stock worth $2,581,000 after acquiring an additional 342 shares during the period. Nabity Jensen Investment Management Inc grew its holdings in Schwab Fundamental U.S. Large Company ETF by 0.5% during the 3rd quarter. Nabity Jensen Investment Management Inc now owns 64,971 shares of the company’s stock worth $2,045,000 after acquiring an additional 347 shares during the period. Plan A Wealth LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF by 1.6% during the 2nd quarter. Plan A Wealth LLC now owns 22,772 shares of the company’s stock worth $708,000 after acquiring an additional 361 shares during the period. Finally, NovaPoint Capital LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.6% during the 3rd quarter. NovaPoint Capital LLC now owns 10,321 shares of the company’s stock valued at $325,000 after acquiring an additional 453 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $32.70 on Tuesday. The firm has a fifty day moving average of $32.32 and a two-hundred day moving average of $30.56. The stock has a market capitalization of $28.42 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $25.87 and a 52 week high of $32.94.

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.