287,400 Schwab Fundamental U.S. Large Company ETF $FNDX Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2,281.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 300,000 shares of the company’s stock after acquiring an additional 287,400 shares during the period. International Assets Investment Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $9,441,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Ascentis Independent Advisors acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the first quarter worth about $28,000. Valued Wealth Advisors LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $30,000. Richards Merrill & Peterson Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF in the third quarter valued at approximately $40,000. Signature Resources Capital Management LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 161.1% in the first 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 during the period. Finally, Scarborough Advisors LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $54,000.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.5%

Schwab Fundamental U.S. Large Company ETF stock opened at $32.71 on Friday. The firm has a market cap of $28.43 billion, a PE ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $25.87 and a 12 month high of $32.89. The stock’s 50 day simple moving average is $32.32 and its two-hundred day simple moving average is $30.53.

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.