Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Ashford Advisors LLC

Ashford Advisors LLC trimmed its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,876,180 shares of the company’s stock after selling 105,592 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for 10.9% of Ashford Advisors LLC’s holdings, making the stock its 3rd biggest position. Ashford Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $49,344,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 3.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock worth $9,871,112,000 after acquiring an additional 12,903,364 shares in the last quarter. AlphaCore Capital LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 24,845.4% during the 2nd quarter. AlphaCore Capital LLC now owns 3,396,569 shares of the company’s stock worth $83,352,000 after purchasing an additional 3,382,953 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 67.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after purchasing an additional 2,585,828 shares during the period. Boulay Financial Advisors LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 36.1% in the 2nd quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock valued at $195,005,000 after purchasing an additional 2,266,989 shares during the period. Finally, Corient Private Wealth LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% in the second quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock valued at $44,661,000 after purchasing an additional 879,651 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA:FNDX opened at $28.27 on Wednesday. The stock has a 50-day simple moving average of $27.46 and a 200 day simple moving average of $26.41. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $28.46. The company has a market cap of $23.27 billion, a PE ratio of 17.86 and a beta of 0.93.

Schwab Fundamental U.S. Large Company ETF 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.