Western Wealth Management LLC Has $3.39 Million Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Western Wealth Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 172.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 121,637 shares of the company’s stock after acquiring an additional 77,067 shares during the period. Western Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,388,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Keenan LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth $27,000. Resources Management Corp CT ADV acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at about $27,000. Ascentis Independent Advisors acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at about $28,000. Valued Wealth Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at about $30,000. Finally, Capital Investment Advisory Services LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock valued at $37,000 after purchasing an additional 615 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX stock opened at $31.74 on Friday. The stock has a market capitalization of $26.73 billion, a P/E ratio of 17.86 and a beta of 0.87. The business has a 50-day moving average of $31.22 and a 200-day moving average of $29.67. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $24.27 and a fifty-two week high of $31.94.

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.