Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Hits New 52-Week High at $69.29

Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $69.29 and last traded at $69.29, with a volume of 23535 shares changing hands. The stock had previously closed at $68.93.

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

The firm’s 50 day simple moving average is $66.94 and its 200-day simple moving average is $65.15. The company has a market capitalization of $15.94 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

Hedge Funds Weigh In On Schwab Fundamental U.S. Large Company Index ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Townsend Asset Management Corp NC ADV grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.4% during the 1st quarter. Townsend Asset Management Corp NC ADV now owns 11,896 shares of the company’s stock valued at $802,000 after acquiring an additional 160 shares in the last quarter. First Pacific Financial grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 9.8% during the 1st quarter. First Pacific Financial now owns 1,856 shares of the company’s stock valued at $125,000 after acquiring an additional 165 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 12.5% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 1,508 shares of the company’s stock valued at $93,000 after acquiring an additional 168 shares in the last quarter. Alpha Omega Wealth Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.7% during the 1st quarter. Alpha Omega Wealth Management LLC now owns 10,307 shares of the company’s stock valued at $695,000 after acquiring an additional 175 shares in the last quarter. Finally, PFG Advisors grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 0.6% during the 4th quarter. PFG Advisors now owns 29,793 shares of the company’s stock valued at $1,845,000 after acquiring an additional 176 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index 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.