Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Solitude Financial Services

Solitude Financial Services lowered its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.1% in the third quarter, Holdings Channel reports. The institutional investor owned 939,079 shares of the company’s stock after selling 19,704 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for approximately 8.5% of Solitude Financial Services’ holdings, making the stock its 5th biggest position. Solitude Financial Services’ holdings in Schwab Fundamental U.S. Large Company ETF were worth $24,698,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 3.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock valued at $9,871,112,000 after acquiring an additional 12,903,364 shares during the period. AlphaCore Capital LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 24,845.4% during the 2nd quarter. AlphaCore Capital LLC now owns 3,396,569 shares of the company’s stock valued at $83,352,000 after purchasing an additional 3,382,953 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 67.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after buying an additional 2,585,828 shares in the last quarter. Berman McAleer LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the third quarter worth about $25,914,000. Finally, Corient Private Wealth LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% during the second quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock worth $44,661,000 after buying an additional 879,651 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX traded up $0.33 on Friday, hitting $28.96. The company’s stock had a trading volume of 150,058 shares, compared to its average volume of 5,230,560. The company has a market capitalization of $23.99 billion, a PE ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $28.97. The company has a 50 day moving average price of $27.74 and a 200 day moving average price of $26.57.

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.