Maia Wealth LLC Acquires New Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Maia Wealth LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,749 shares of the company’s stock, valued at approximately $327,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Foguth Wealth Management LLC. increased its position in Schwab Fundamental U.S. Large Company Index ETF by 22.3% during the 2nd quarter. Foguth Wealth Management LLC. now owns 66,110 shares of the company’s stock valued at $4,428,000 after buying an additional 12,069 shares in the last quarter. Gemmer Asset Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.8% in the 2nd quarter. Gemmer Asset Management LLC now owns 772,112 shares of the company’s stock worth $51,716,000 after purchasing an additional 35,166 shares during the period. Alhambra Investment Management LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.2% during the 2nd quarter. Alhambra Investment Management LLC now owns 71,443 shares of the company’s stock valued at $4,785,000 after acquiring an additional 48,562 shares during the period. Ashford Advisors LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 0.8% in the second quarter. Ashford Advisors LLC now owns 669,975 shares of the company’s stock worth $44,875,000 after buying an additional 5,140 shares in the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 1.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 30,664 shares of the company’s stock worth $2,054,000 after acquiring an additional 299 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.1 %

Shares of NYSEARCA:FNDX traded up $0.07 during trading on Wednesday, reaching $67.71. The company’s stock had a trading volume of 17,129 shares, compared to its average volume of 474,434. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $53.32 and a 12 month high of $70.06. The stock has a market capitalization of $15.51 billion, a PE ratio of 17.79 and a beta of 0.84. The firm’s 50 day simple moving average is $67.51 and its two-hundred day simple moving average is $66.04.

About Schwab Fundamental U.S. Large Company Index ETF

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.