Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Stock Short Interest Report for September

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 403,877 shares, a drop of 41.3% from the September 15th total of 687,816 shares. Based on an average trading volume of 3,455,385 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Capital Advantage Inc. grew its position in Schwab Fundamental U.S. Large Company ETF by 19.6% during the second quarter. Capital Advantage Inc. now owns 214,467 shares of the company’s stock valued at $6,670,000 after acquiring an additional 35,081 shares during the last quarter. Prairiewood Capital LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 5.0% during the 1st quarter. Prairiewood Capital LLC now owns 1,914,777 shares of the company’s stock worth $53,327,000 after acquiring an additional 90,716 shares during the last quarter. InTrack Investment Management Inc grew its position in Schwab Fundamental U.S. Large Company ETF by 321.1% during the 2nd quarter. InTrack Investment Management Inc now owns 61,589 shares of the company’s stock worth $1,915,000 after acquiring an additional 46,962 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter worth $3,013,000. Finally, Certified Advisory Corp raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.5% during the first quarter. Certified Advisory Corp now owns 882,278 shares of the company’s stock valued at $24,571,000 after acquiring an additional 45,724 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.2%

Shares of FNDX traded down $0.06 during trading hours on Friday, reaching $32.52. 4,458,643 shares of the company’s stock traded hands, compared to its average volume of 4,468,928. The stock has a market cap of $28.11 billion, a PE ratio of 17.86 and a beta of 0.88. The firm’s 50 day simple moving average is $32.28 and its 200-day simple moving average is $31.14. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $25.87 and a 12 month high of $32.85.

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.