97,938 Shares in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Acquired by BCS Wealth Management

BCS Wealth Management purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 97,938 shares of the company’s stock, valued at approximately $2,319,000.

Several other institutional investors also recently bought and sold shares of the business. Cornerstone Planning Group LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at $93,978,000. Financial Strategies Group Inc. raised its position in Schwab Fundamental U.S. Large Company Index ETF by 202.2% in the third quarter. Financial Strategies Group Inc. now owns 843,310 shares of the company’s stock valued at $60,516,000 after purchasing an additional 564,270 shares during the period. Envision Financial LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth about $13,122,000. Moller Wealth Partners boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 189.8% in the fourth quarter. Moller Wealth Partners now owns 766,515 shares of the company’s stock worth $18,151,000 after buying an additional 502,033 shares during the period. Finally, Signature Estate & Investment Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 3,196,535 shares of the company’s stock valued at $229,383,000 after buying an additional 501,854 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Performance

Schwab Fundamental U.S. Large Company Index ETF stock opened at $23.65 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $20.21 and a one year high of $25.17. The stock’s 50 day moving average price is $24.32 and its 200 day moving average price is $23.63. The firm has a market capitalization of $5.42 billion, a PE ratio of 17.79 and a beta of 0.84.

Schwab Fundamental U.S. Large Company Index 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.