Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Lee Financial Co

Lee Financial Co lessened its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 3.3% during the second quarter, Holdings Channel.com reports. The fund owned 2,409,524 shares of the company’s stock after selling 82,409 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises 8.5% of Lee Financial Co’s investment portfolio, making the stock its 3rd largest position. Lee Financial Co’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $59,130,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Boulay Financial Advisors LLC increased its stake in Schwab Fundamental U.S. Large Company ETF by 36.1% during the 2nd quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock worth $195,005,000 after acquiring an additional 2,266,989 shares during the period. McAdam LLC increased its stake in Schwab Fundamental U.S. Large Company ETF by 2.3% during the 2nd quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock worth $202,901,000 after acquiring an additional 182,584 shares during the period. Ameriprise Financial Inc. increased its stake in Schwab Fundamental U.S. Large Company ETF by 31.9% during the 1st quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock worth $183,321,000 after acquiring an additional 1,878,599 shares during the period. Steele Capital Management Inc. increased its stake in Schwab Fundamental U.S. Large Company ETF by 1.3% during the 1st quarter. Steele Capital Management Inc. now owns 6,054,706 shares of the company’s stock worth $142,952,000 after acquiring an additional 75,461 shares during the period. Finally, Glassman Wealth Services increased its stake in Schwab Fundamental U.S. Large Company ETF by 0.7% during the 1st quarter. Glassman Wealth Services now owns 4,546,703 shares of the company’s stock worth $107,348,000 after acquiring an additional 31,941 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $26.28 on Friday. The stock’s fifty day moving average price is $25.76 and its two-hundred day moving average price is $24.38. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $26.66. The firm has a market cap of $20.63 billion, a PE ratio of 17.86 and a beta of 1.00.

Schwab Fundamental U.S. Large Company ETF 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.