Main Street Financial Solutions LLC Raises Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Main Street Financial Solutions LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 27.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 149,389 shares of the company’s stock after acquiring an additional 31,885 shares during the quarter. Main Street Financial Solutions LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Resources Management Corp CT ADV purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $27,000. Capital Investment Advisory Services LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after acquiring an additional 615 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $39,000. RHL Group LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $41,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $42,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX opened at $30.92 on Thursday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $23.89 and a fifty-two week high of $31.56. The firm’s fifty day moving average is $30.20 and its 200 day moving average is $28.80. The stock has a market cap of $26.63 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87.

Schwab Fundamental U.S. Large Company ETF 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.