Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Cedar Point Capital Partners LLC

Cedar Point Capital Partners LLC cut its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 4.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 406,467 shares of the company’s stock after selling 17,324 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises approximately 7.1% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 2nd biggest position. Cedar Point Capital Partners LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $11,060,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of FNDX. TradeWell Securities LLC. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth $346,153,000. Keybank National Association OH increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% in the 4th quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock worth $225,618,000 after acquiring an additional 8,266,612 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 3,064.0% in the 4th quarter. Bank of New York Mellon Corp now owns 2,528,667 shares of the company’s stock worth $68,805,000 after acquiring an additional 2,448,747 shares during the last quarter. Cornerstone Planning Group LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 839,967.7% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,562,526 shares of the company’s stock worth $44,188,000 after acquiring an additional 1,562,340 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% during the 2nd quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock worth $44,661,000 after purchasing an additional 879,651 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.9%

Shares of NYSEARCA:FNDX opened at $30.57 on Thursday. The business has a 50-day moving average price of $29.87 and a 200 day moving average price of $28.64. The company has a market capitalization of $26.33 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $23.89 and a 12-month high of $31.29.

Schwab Fundamental U.S. Large Company 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.