Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Sold by Sheets Smith Wealth Management

Sheets Smith Wealth Management lowered its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 2.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,258 shares of the company’s stock after selling 284 shares during the period. Sheets Smith Wealth Management’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $759,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Charles Schwab Investment Advisory Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.4% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 124,385,451 shares of the company’s stock worth $6,961,854,000 after buying an additional 1,757,011 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 3.4% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 2,717,254 shares of the company’s stock worth $168,306,000 after purchasing an additional 89,397 shares during the last quarter. McAdam LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 4.3% in the 4th quarter. McAdam LLC now owns 2,432,842 shares of the company’s stock valued at $150,690,000 after buying an additional 99,534 shares during the last quarter. Steele Capital Management Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at about $118,825,000. Finally, Callan Capital LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 10.4% during the fourth quarter. Callan Capital LLC now owns 1,209,074 shares of the company’s stock worth $74,890,000 after purchasing an additional 114,327 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

FNDX traded up $0.35 during trading on Monday, hitting $65.52. The company’s stock had a trading volume of 524,875 shares, compared to its average volume of 517,687. The stock has a market cap of $14.87 billion, a PE ratio of 17.39 and a beta of 0.86. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $53.32 and a twelve month high of $67.52. The firm’s 50 day moving average price is $65.47 and its 200-day moving average price is $62.01.

Schwab Fundamental U.S. Large Company Index 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.