Systelligence LLC Grows Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX
by Kim Johansen · The Markets DailySystelligence LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) by 221.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 352,368 shares of the company’s stock after buying an additional 242,732 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for about 1.8% of Systelligence LLC’s investment portfolio, making the stock its 25th largest holding. Systelligence LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $9,588,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Burk Holdings LLC bought a new position in Schwab Fundamental U.S. Large Company ETF during the third quarter worth $489,000. Capital Advantage Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 48.2% during the fourth quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock worth $4,058,000 after purchasing an additional 48,529 shares during the last quarter. AlphaCore Capital LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF by 5.9% during the third quarter. AlphaCore Capital LLC now owns 3,596,691 shares of the company’s stock worth $94,593,000 after purchasing an additional 200,122 shares during the last quarter. Blueprint Investment Partners LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF by 28.4% during the third quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock worth $5,117,000 after purchasing an additional 43,090 shares during the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 23.8% during the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 224,918 shares of the company’s stock worth $5,915,000 after purchasing an additional 43,207 shares during the last quarter.
Schwab Fundamental U.S. Large Company ETF Price Performance
Shares of FNDX opened at $28.80 on Friday. The business’s fifty day moving average price is $28.43 and its 200 day moving average price is $27.51. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $21.18 and a 12-month high of $29.37. The stock has a market capitalization of $24.49 billion, a PE ratio of 17.86 and a beta of 0.91.
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.