Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC trimmed its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 44.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,649 shares of the company’s stock after selling 16,354 shares during the period. Parallel Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $562,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FNDX. Revolve Wealth Partners LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth approximately $719,000. AQR Capital Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $739,000. Jane Street Group LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% during the 1st quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after buying an additional 25,267 shares during the period. Baird Financial Group Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.5% during the 2nd quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock worth $661,000 after buying an additional 645 shares during the period. Finally, Qube Research & Technologies Ltd raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6,798.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock worth $418,000 after buying an additional 16,792 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX stock opened at $30.85 on Wednesday. The company has a market cap of $26.57 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The stock has a 50 day simple moving average of $29.81 and a 200-day simple moving average of $28.61. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $23.89 and a 1-year high of $31.29.

Schwab Fundamental U.S. Large Company 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.