Renaissance Technologies LLC Takes Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Renaissance Technologies LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 109,100 shares of the company’s stock, valued at approximately $3,038,000.

Several other large investors have also added to or reduced their stakes in the stock. Belpointe Asset Management LLC grew its stake in Schwab Fundamental U.S. Large Company ETF by 3.1% during the fourth quarter. Belpointe Asset Management LLC now owns 1,345,095 shares of the company’s stock valued at $36,600,000 after acquiring an additional 40,963 shares in the last quarter. BCS Wealth Management lifted its stake in Schwab Fundamental U.S. Large Company ETF by 163.4% in the 4th quarter. BCS Wealth Management now owns 469,554 shares of the company’s stock worth $12,777,000 after purchasing an additional 291,280 shares in the last quarter. Millstone Evans Group LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at $1,160,000. Williams Financial LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at $14,741,000. Finally, Csenge Advisory Group grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 87.7% during the 4th quarter. Csenge Advisory Group now owns 76,281 shares of the company’s stock valued at $2,076,000 after purchasing an additional 35,646 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $32.31 on Friday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $24.75 and a fifty-two week high of $32.47. The stock has a market cap of $27.27 billion, a P/E ratio of 17.86 and a beta of 0.87. The firm’s fifty day moving average price is $31.34 and its 200-day moving average price is $29.82.

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.