Cornerstone Planning Group LLC Has $51.21 Million Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Cornerstone Planning Group LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 8.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,696,212 shares of the company’s stock after purchasing an additional 133,686 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for about 7.1% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Cornerstone Planning Group LLC owned about 0.20% of Schwab Fundamental U.S. Large Company ETF worth $51,209,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Capital Advantage Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 48.2% during the 4th quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock worth $4,058,000 after acquiring an additional 48,529 shares during the period. Foguth Wealth Management LLC. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at approximately $4,500,000. Belpointe Asset Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 3.1% in the 4th quarter. Belpointe Asset Management LLC now owns 1,345,095 shares of the company’s stock valued at $36,600,000 after purchasing an additional 40,963 shares during the period. BCS Wealth Management boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 163.4% during the fourth quarter. BCS Wealth Management now owns 469,554 shares of the company’s stock valued at $12,777,000 after purchasing an additional 291,280 shares in the last quarter. Finally, Breakwater Capital Group boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 126.9% during the fourth quarter. Breakwater Capital Group now owns 268,056 shares of the company’s stock valued at $7,294,000 after purchasing an additional 149,914 shares in the last quarter.

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

Shares of FNDX stock opened at $31.46 on Friday. The business’s fifty day moving average is $30.99 and its 200 day moving average is $29.40. The stock has a market cap of $26.36 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $24.27 and a twelve month high of $31.72.

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.