Moller Wealth Partners Buys New Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Moller Wealth Partners purchased a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 962,548 shares of the company’s stock, valued at approximately $30,291,000. Schwab Fundamental U.S. Large Company ETF makes up 5.6% of Moller Wealth Partners’ holdings, making the stock its 6th largest position. Moller Wealth Partners owned 0.11% of Schwab Fundamental U.S. Large Company ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Keenan LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $27,000. Ascentis Independent Advisors bought a new position in Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth $28,000. Valued Wealth Advisors LLC bought a new position in Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth $30,000. Signature Resources Capital Management LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 161.1% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,316 shares of the company’s stock valued at $37,000 after acquiring an additional 812 shares in the last quarter. Finally, Hanson & Doremus Investment Management acquired a new position in Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at $45,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA:FNDX opened at $32.58 on Friday. The stock has a fifty day moving average price of $32.28 and a 200-day moving average price of $31.14. The company has a market cap of $28.16 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $25.87 and a fifty-two week high of $32.85.

About Schwab Fundamental U.S. Large Company ETF

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.