Lincoln National Corp Sells 2,038 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Lincoln National Corp decreased its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 390,057 shares of the company’s stock after selling 2,038 shares during the period. Lincoln National Corp owned 0.19% of Schwab Fundamental U.S. Large Company Index ETF worth $24,160,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 1.4% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 124,385,451 shares of the company’s stock worth $6,961,854,000 after purchasing an additional 1,757,011 shares during the period. Signature Estate & Investment Advisors LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 3.4% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 2,717,254 shares of the company’s stock worth $168,306,000 after acquiring an additional 89,397 shares during the period. McAdam LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 4.3% in the 4th quarter. McAdam LLC now owns 2,432,842 shares of the company’s stock worth $150,690,000 after purchasing an additional 99,534 shares in the last quarter. Steele Capital Management Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at $118,825,000. Finally, Callan Capital LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 10.4% during the 4th quarter. Callan Capital LLC now owns 1,209,074 shares of the company’s stock valued at $74,890,000 after purchasing an additional 114,327 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Performance

Schwab Fundamental U.S. Large Company Index ETF stock traded up $0.17 during midday trading on Tuesday, hitting $65.82. 745,629 shares of the company’s stock were exchanged, compared to its average volume of 520,845. The company has a market cap of $15.07 billion, a P/E ratio of 17.79 and a beta of 0.84. The stock has a 50-day moving average price of $65.50 and a two-hundred day moving average price of $62.08. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $67.52.

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.