Park Avenue Securities LLC Sells 27,456 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Park Avenue Securities LLC lowered its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 7.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 360,322 shares of the company’s stock after selling 27,456 shares during the period. Park Avenue Securities LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $9,804,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 3.3% in the 2nd 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 during the period. Captrust Financial Advisors increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 4.4% in the third quarter. Captrust Financial Advisors now owns 17,023,084 shares of the company’s stock worth $447,707,000 after purchasing an additional 718,789 shares during the period. Boulay Financial Advisors LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% in the third quarter. Boulay Financial Advisors LLC now owns 8,772,604 shares of the company’s stock worth $230,719,000 after purchasing an additional 243,340 shares during the period. McAdam LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 5.8% in the third quarter. McAdam LLC now owns 8,751,118 shares of the company’s stock worth $230,154,000 after buying an additional 482,945 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.5% in the second quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock worth $199,151,000 after buying an additional 349,667 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA:FNDX opened at $27.51 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $29.37. The stock has a fifty day moving average of $28.50 and a 200 day moving average of $27.32. The firm has a market capitalization of $22.79 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93.

About Schwab Fundamental U.S. Large Company 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.