Schwab Fundamental U.S. Large Company ETF $FNDX Stock Sold by IFC & Insurance Marketing Inc.

IFC & Insurance Marketing Inc. trimmed its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 21.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 221,870 shares of the company’s stock after selling 59,672 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises approximately 6.0% of IFC & Insurance Marketing Inc.’s investment portfolio, making the stock its 5th biggest position. IFC & Insurance Marketing Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $6,987,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of FNDX. Keybank National Association OH lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 50.2% during the 1st quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock worth $346,857,000 after buying an additional 4,162,731 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6.3% in the second quarter. Envestnet Asset Management Inc. now owns 7,039,245 shares of the company’s stock valued at $218,921,000 after buying an additional 416,802 shares during the period. Cetera Investment Advisers raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 3,891,438 shares of the company’s stock worth $108,377,000 after acquiring an additional 108,569 shares during the last quarter. Charles Schwab Trust Co raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 12.1% during the second quarter. Charles Schwab Trust Co now owns 3,606,725 shares of the company’s stock worth $112,169,000 after acquiring an additional 387,946 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 0.4% in the first quarter. Bank of America Corp DE now owns 3,144,222 shares of the company’s stock worth $87,567,000 after acquiring an additional 13,371 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock traded down $0.06 during midday trading on Friday, reaching $32.52. The company had a trading volume of 4,459,395 shares, compared to its average volume of 4,468,930. The stock has a fifty day moving average price of $32.28 and a 200 day moving average price of $31.15. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $25.87 and a fifty-two week high of $32.85. The firm has a market cap of $28.15 billion, a PE ratio of 17.86 and a beta of 0.88.

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.