3,254 Shares in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Acquired by Parthenon LLC

Parthenon LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,254 shares of the company’s stock, valued at approximately $218,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 276.0% in the first quarter. Geneos Wealth Management Inc. now owns 391 shares of the company’s stock worth $26,000 after acquiring an additional 287 shares during the period. Able Wealth Management LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth approximately $28,000. Palisade Asset Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 1st quarter valued at $30,000. Johnson Financial Group Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 262.2% during the 4th quarter. Johnson Financial Group Inc. now owns 536 shares of the company’s stock valued at $33,000 after buying an additional 388 shares during the last quarter. Finally, Tidemark LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at $36,000.

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

Shares of NYSEARCA:FNDX opened at $69.41 on Friday. The stock’s 50-day simple moving average is $68.63 and its two-hundred day simple moving average is $66.96. The stock has a market capitalization of $15.89 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $70.91.

Schwab Fundamental U.S. Large Company Index ETF 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.