Schwab Fundamental U.S. Large Company ETF $FNDX Shares Acquired by McAdam LLC

McAdam LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,751,118 shares of the company’s stock after buying an additional 482,945 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for approximately 11.3% of McAdam LLC’s holdings, making the stock its 2nd biggest position. McAdam LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $230,154,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Revolve Wealth Partners LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $719,000. AQR Capital Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter worth approximately $739,000. Jane Street Group LLC grew its position 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 valued at $2,090,000 after purchasing an additional 25,267 shares in the last quarter. Farther Finance Advisors LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 127.4% during the second quarter. Farther Finance Advisors LLC now owns 34,803 shares of the company’s stock valued at $854,000 after purchasing an additional 19,501 shares in the last quarter. Finally, CRA Financial Services LLC increased its stake in Schwab Fundamental U.S. Large Company ETF by 46.0% in the 2nd quarter. CRA Financial Services LLC now owns 13,022 shares of the company’s stock valued at $320,000 after buying an additional 4,101 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Down 1.3%

FNDX stock opened at $27.80 on Wednesday. The company has a 50 day moving average of $27.28 and a two-hundred day moving average of $26.29. The company has a market cap of $22.83 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $28.36.

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.