Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Reaches New 1-Year High – Here’s What Happened

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)’s share price hit a new 52-week high on Tuesday . The company traded as high as $29.18 and last traded at $29.11, with a volume of 5185605 shares changing hands. The stock had previously closed at $29.14.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.1%

The firm’s fifty day moving average price is $27.82 and its 200-day moving average price is $26.65. The company has a market cap of $24.12 billion, a P/E ratio of 17.86 and a beta of 0.93.

Institutional Trading of Schwab Fundamental U.S. Large Company ETF

Hedge funds have recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 3.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock valued at $9,871,112,000 after purchasing an additional 12,903,364 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 4.4% in the 3rd quarter. Captrust Financial Advisors now owns 17,023,084 shares of the company’s stock worth $447,707,000 after purchasing an additional 718,789 shares during the last quarter. TradeWell Securities LLC. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth about $346,153,000. Boulay Financial Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the 3rd quarter. Boulay Financial Advisors LLC now owns 8,772,604 shares of the company’s stock worth $230,719,000 after purchasing an additional 243,340 shares in the last quarter. Finally, McAdam LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 5.8% during the 3rd quarter. McAdam LLC now owns 8,751,118 shares of the company’s stock valued at $230,154,000 after purchasing an additional 482,945 shares during the last quarter.

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.