Global Retirement Partners LLC Reduces Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Global Retirement Partners LLC lessened its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 10.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 158,443 shares of the company’s stock after selling 19,324 shares during the period. Global Retirement Partners LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,167,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Allworth Financial LP grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 12.5% during the 2nd quarter. Allworth Financial LP now owns 173,319 shares of the company’s stock worth $4,253,000 after purchasing an additional 19,215 shares during the period. Assetmark Inc. raised its holdings in Schwab Fundamental U.S. Large Company ETF by 269.0% in the 2nd quarter. Assetmark Inc. now owns 15,350 shares of the company’s stock valued at $377,000 after buying an additional 11,190 shares during the period. Blueprint Financial Advisors LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the second quarter valued at about $4,739,000. Alpha Cubed Investments LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF in the second quarter valued at about $472,000. Finally, Advisors Capital Management LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 5.8% during the first quarter. Advisors Capital Management LLC now owns 13,746 shares of the company’s stock worth $325,000 after buying an additional 759 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.8%

NYSEARCA:FNDX opened at $27.44 on Monday. The stock’s fifty day moving average is $26.95 and its two-hundred day moving average is $26.00. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $27.57. The stock has a market capitalization of $21.74 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93.

About Schwab Fundamental U.S. Large Company 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.