BCS Wealth Management Sells 199,702 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

BCS Wealth Management cut its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 42.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 269,852 shares of the company’s stock after selling 199,702 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for approximately 1.5% of BCS Wealth Management’s portfolio, making the stock its 13th largest holding. BCS Wealth Management’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $7,515,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TradeWell Securities LLC. purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth approximately $346,153,000. Keybank National Association OH grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% during the fourth quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock worth $225,618,000 after purchasing an additional 8,266,612 shares in the last quarter. Captrust Financial Advisors lifted its position in Schwab Fundamental U.S. Large Company ETF by 25.7% during the fourth quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock valued at $582,113,000 after purchasing an additional 4,370,263 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock worth $11,249,790,000 after buying an additional 4,241,879 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings 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 buying an additional 2,448,747 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of NYSEARCA:FNDX opened at $30.98 on Wednesday. The firm has a market capitalization of $26.68 billion, a PE ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $24.11 and a 52-week high of $31.56. The firm has a fifty day moving average of $30.39 and a 200 day moving average of $28.91.

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.