Wealthspire Retirement LLC Buys 175,175 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Wealthspire Retirement LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 22.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 954,774 shares of the company’s stock after acquiring an additional 175,175 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for 1.6% of Wealthspire Retirement LLC’s portfolio, making the stock its 15th largest position. Wealthspire Retirement LLC owned about 0.11% of Schwab Fundamental U.S. Large Company ETF worth $26,590,000 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 stock. Revolve Wealth Partners LLC bought a new position in Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $719,000. AQR Capital Management LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the first quarter worth about $739,000. Jane Street Group LLC grew its stake in Schwab Fundamental U.S. Large Company ETF by 39.9% during the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after buying an additional 25,267 shares during the last quarter. Baird Financial Group Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 2.5% during the second quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock worth $661,000 after buying an additional 645 shares during the last quarter. Finally, Qube Research & Technologies Ltd increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 6,798.4% during the second quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock worth $418,000 after buying an additional 16,792 shares in the last quarter.

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

NYSEARCA:FNDX opened at $31.61 on Thursday. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $24.27 and a 1 year high of $31.78. The firm has a 50 day moving average of $31.06 and a 200-day moving average of $29.50. The stock has a market capitalization of $26.51 billion, a P/E ratio of 17.86 and a beta of 0.87.

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.