Maseco LLP Takes Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Maseco LLP purchased a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 86,591 shares of the company’s stock, valued at approximately $2,357,000.

Other institutional investors also recently modified their holdings of the company. Burk Holdings LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $489,000. Capital Advantage Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 48.2% in the fourth quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock valued at $4,058,000 after purchasing an additional 48,529 shares in the last quarter. AlphaCore Capital LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 5.9% during the third quarter. AlphaCore Capital LLC now owns 3,596,691 shares of the company’s stock worth $94,593,000 after acquiring an additional 200,122 shares in the last quarter. Blueprint Investment Partners LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 28.4% during the third quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock worth $5,117,000 after acquiring an additional 43,090 shares in the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. raised its holdings in Schwab Fundamental U.S. Large Company ETF by 23.8% during the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 224,918 shares of the company’s stock worth $5,915,000 after acquiring an additional 43,207 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX opened at $28.69 on Thursday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.58 and a 52-week high of $29.37. The firm has a market capitalization of $24.40 billion, a PE ratio of 17.86 and a beta of 0.91. The business’s 50-day simple moving average is $28.43 and its 200 day simple moving average is $27.50.

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.