VVR Holdings LLC Takes Position in Schwab Fundamental U.S. Large Company ETF $FNDX

VVR Holdings LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 634,387 shares of the company’s stock, valued at approximately $17,262,000. Schwab Fundamental U.S. Large Company ETF comprises about 9.0% of VVR Holdings LLC’s investment portfolio, making the stock its 6th largest position. VVR Holdings LLC owned 0.08% of Schwab Fundamental U.S. Large Company ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FNDX. TradeWell Securities LLC. bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at approximately $346,153,000. Keybank National Association OH grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% in the 4th quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock worth $225,618,000 after buying an additional 8,266,612 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 3,064.0% in the 4th quarter. Bank of New York Mellon Corp now owns 2,528,667 shares of the company’s stock worth $68,805,000 after buying an additional 2,448,747 shares during the last quarter. Cornerstone Planning Group LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 839,967.7% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,562,526 shares of the company’s stock valued at $44,188,000 after acquiring an additional 1,562,340 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock valued at $44,661,000 after acquiring an additional 879,651 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX stock opened at $30.82 on Tuesday. The company has a market cap of $26.54 billion, a PE ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $23.89 and a 1 year high of $31.29. The stock’s 50 day simple moving average is $29.74 and its two-hundred day simple moving average is $28.58.

Schwab Fundamental U.S. Large Company 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.