Clark Capital Management Group Inc. Sells 319,258 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Clark Capital Management Group Inc. reduced its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 11.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,461,818 shares of the company’s stock after selling 319,258 shares during the quarter. Clark Capital Management Group Inc. owned 0.30% of Schwab Fundamental U.S. Large Company ETF worth $66,986,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Revolve Wealth Partners LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at about $719,000. AQR Capital Management LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at about $739,000. Jane Street Group LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 39.9% in the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock valued at $2,090,000 after purchasing an additional 25,267 shares during the last quarter. Baird Financial Group Inc. raised its position in Schwab Fundamental U.S. Large Company ETF by 2.5% in the second quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock valued at $661,000 after purchasing an additional 645 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in Schwab Fundamental U.S. Large Company ETF by 6,798.4% in the second quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock valued at $418,000 after purchasing an additional 16,792 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX opened at $31.33 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $23.89 and a 1 year high of $31.56. The company has a market capitalization of $26.98 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The business has a 50-day moving average of $30.14 and a 200-day moving average of $28.77.

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.