Kingsview Wealth Management LLC Lowers Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Kingsview Wealth Management LLC cut its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 1.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,990 shares of the company’s stock after selling 1,576 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $6,401,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Cetera Advisor Networks LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 879.8% in the fourth quarter. Cetera Advisor Networks LLC now owns 492,432 shares of the company’s stock worth $30,501,000 after purchasing an additional 442,176 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in Schwab Fundamental U.S. Large Company Index ETF by 12.7% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 17,795 shares of the company’s stock valued at $1,102,000 after buying an additional 2,003 shares in the last quarter. Pacific Wealth Strategies Group Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 2.6% in the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 75,523 shares of the company’s stock valued at $4,678,000 after buying an additional 1,940 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 18.5% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 40,340 shares of the company’s stock worth $2,499,000 after acquiring an additional 6,294 shares in the last quarter. Finally, Foster & Motley Inc. increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.9% during the fourth quarter. Foster & Motley Inc. now owns 92,326 shares of the company’s stock valued at $5,719,000 after acquiring an additional 4,321 shares in the last quarter.

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

Shares of NYSEARCA FNDX traded down $0.54 during mid-day trading on Friday, hitting $68.53. The stock had a trading volume of 169,951 shares, compared to its average volume of 471,337. The company has a 50 day moving average of $67.15 and a two-hundred day moving average of $65.26. The firm has a market cap of $15.69 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $53.32 and a twelve month high of $70.06.

About Schwab Fundamental U.S. Large Company Index ETF

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.