UBS Group AG Sells 200,452 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

UBS Group AG reduced its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 7.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,341,622 shares of the company’s stock after selling 200,452 shares during the quarter. UBS Group AG’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $63,716,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of FNDX. Berman McAleer LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter worth $25,914,000. Corient Private Wealth LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 93.6% in the 2nd quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock worth $44,661,000 after purchasing an additional 879,651 shares in the last quarter. Richardson Capital Management LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 409,338.5% in the 3rd quarter. Richardson Capital Management LLC now owns 872,104 shares of the company’s stock worth $22,936,000 after purchasing an additional 871,891 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.0% in the 2nd quarter. Captrust Financial Advisors now owns 16,304,295 shares of the company’s stock worth $400,106,000 after purchasing an additional 771,493 shares in the last quarter. Finally, Merit Financial Group LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 150.5% in the 4th quarter. Merit Financial Group LLC now owns 870,013 shares of the company’s stock worth $23,673,000 after purchasing an additional 522,654 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.6%

Shares of FNDX opened at $29.89 on Tuesday. The stock has a market cap of $25.74 billion, a P/E ratio of 17.86 and a beta of 0.88. The business’s fifty day moving average is $28.57 and its 200 day moving average is $27.85. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $22.83 and a 12-month high of $30.24.

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.