Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Sold by Financial Strategies Group Inc.

Financial Strategies Group Inc. trimmed its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 837,412 shares of the company’s stock after selling 5,898 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF makes up about 4.7% of Financial Strategies Group Inc.’s portfolio, making the stock its 6th largest holding. Financial Strategies Group Inc. owned about 0.37% of Schwab Fundamental U.S. Large Company Index ETF worth $19,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Bruce G. Allen Investments LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 0.3% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock worth $8,101,000 after purchasing an additional 288 shares in the last quarter. Castleview Partners LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter valued at approximately $32,000. Howe & Rusling Inc. increased its position in Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after acquiring an additional 468 shares during the period. Etfidea LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after acquiring an additional 473 shares during the period. Finally, Godsey & Gibb Inc. increased its position in Schwab Fundamental U.S. Large Company Index ETF by 28.6% in the 3rd quarter. Godsey & Gibb Inc. now owns 2,303 shares of the company’s stock valued at $165,000 after acquiring an additional 512 shares during the period.

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

Shares of NYSEARCA FNDX opened at $24.63 on Monday. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.72 and a 52-week high of $25.17. The firm has a 50 day moving average price of $24.31 and a two-hundred day moving average price of $23.81. The stock has a market cap of $5.64 billion, a P/E ratio of 17.79 and a beta of 0.84.

Schwab Fundamental U.S. Large Company Index 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.