TradeWell Securities LLC. Acquires Shares of 12,721,524 Schwab Fundamental U.S. Large Company ETF $FNDX

TradeWell Securities LLC. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the 4th quarter, HoldingsChannel reports. The fund acquired 12,721,524 shares of the company’s stock, valued at approximately $346,153,000. Schwab Fundamental U.S. Large Company ETF accounts for approximately 58.7% of TradeWell Securities LLC.’s portfolio, making the stock its biggest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Legacy Financial Strategies LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 1.1% during the fourth quarter. Legacy Financial Strategies LLC now owns 36,795 shares of the company’s stock valued at $1,001,000 after purchasing an additional 385 shares in the last quarter. Midland Wealth Advisors LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 0.6% during the third quarter. Midland Wealth Advisors LLC now owns 66,619 shares of the company’s stock valued at $1,752,000 after purchasing an additional 397 shares in the last quarter. Godsey & Gibb Inc. lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 6.2% during the fourth quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock valued at $185,000 after purchasing an additional 399 shares in the last quarter. Assetmark Inc. lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 2.7% during the fourth quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock valued at $420,000 after purchasing an additional 408 shares in the last quarter. Finally, Atlantic Union Bankshares Corp lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 6.5% during the third quarter. Atlantic Union Bankshares Corp now owns 6,724 shares of the company’s stock valued at $177,000 after purchasing an additional 412 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.1%

FNDX opened at $30.96 on Thursday. The company has a market cap of $26.66 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $23.44 and a 52-week high of $31.00. The firm’s fifty day simple moving average is $29.23 and its two-hundred day simple moving average is $28.33.

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.