Cowa LLC Sells 88,790 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Cowa LLC lessened its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 40.5% during the 3rd quarter, Holdings Channel reports. The fund owned 130,285 shares of the company’s stock after selling 88,790 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises approximately 1.1% of Cowa LLC’s holdings, making the stock its 26th largest position. Cowa LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,427,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in 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 valued at $9,871,112,000 after purchasing an additional 12,903,364 shares in the last quarter. AlphaCore Capital LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF by 24,845.4% in the second 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. lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 67.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after buying an additional 2,585,828 shares during the last quarter. Berman McAleer LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at about $25,914,000. Finally, Corient Private Wealth LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock valued at $44,661,000 after buying an additional 879,651 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 1.0%

NYSEARCA FNDX opened at $28.79 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $29.37. The company has a 50 day moving average price of $28.15 and a 200 day moving average price of $26.95. The firm has a market cap of $23.86 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.