Park Avenue Securities LLC Lowers Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Park Avenue Securities LLC cut its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 7.1% in the 4th quarter, HoldingsChannel reports. The firm 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 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Revolve Wealth Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $719,000. AQR Capital Management LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at $739,000. Jane Street Group LLC increased its stake 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 acquiring an additional 25,267 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in Schwab Fundamental U.S. Large Company ETF by 22.6% during the second quarter. Rockefeller Capital Management L.P. now owns 21,828 shares of the company’s stock valued at $536,000 after purchasing an additional 4,027 shares in the last quarter. Finally, Howe & Rusling Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 26.6% in the second quarter. Howe & Rusling Inc. now owns 30,031 shares of the company’s stock worth $737,000 after purchasing an additional 6,310 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA FNDX opened at $27.51 on Friday. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $29.37. The stock has a market capitalization of $22.79 billion, a PE ratio of 17.86 and a beta of 0.93. The business’s 50-day moving average is $28.50 and its 200 day moving average is $27.32.

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.