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

Cedar Point Capital Partners LLC trimmed its holdings in shares of 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 and 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 accounts for approximately 7.1% of Cedar Point Capital Partners LLC’s 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 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Captrust Financial Advisors increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.4% during the 3rd 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 last quarter. TradeWell Securities LLC. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth about $346,153,000. Keybank National Association OH increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% during the 4th 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 during the last quarter. Ameriprise Financial Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock worth $199,151,000 after purchasing an additional 349,667 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 1.9% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 8,028,915 shares of the company’s stock valued at $218,467,000 after acquiring an additional 151,765 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA FNDX opened at $30.57 on Thursday. The company has a market cap of $26.33 billion, a P/E ratio of 17.86 and a beta of 0.87. The stock has a 50-day moving average of $29.87 and a two-hundred day moving average of $28.64. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $23.89 and a 1-year high of $31.29.

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.