Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by ZRC Wealth Management LLC

ZRC Wealth Management LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 6.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 234,202 shares of the company’s stock after acquiring an additional 14,549 shares during the period. Schwab Fundamental U.S. Large Company Index ETF makes up about 7.9% of ZRC Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. ZRC Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $15,758,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at approximately $25,000. Able Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at approximately $28,000. Johnson Financial Group Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 262.2% during the 4th quarter. Johnson Financial Group Inc. now owns 536 shares of the company’s stock valued at $33,000 after purchasing an additional 388 shares in the last quarter. Tidemark LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at approximately $36,000. Finally, WealthShield Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth $44,000.

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

NYSEARCA FNDX remained flat at $67.15 on Thursday. 386,913 shares of the company traded hands, compared to its average volume of 476,029. The stock has a market capitalization of $15.38 billion, a P/E ratio of 17.79 and a beta of 0.84. The company’s 50-day moving average price is $66.46 and its two-hundred day moving average price is $64.78. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $53.32 and a 12 month high of $67.86.

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.