Schwab Fundamental U.S. Large Company ETF $FNDX is Lee Financial Co’s 3rd Largest Position

Lee Financial Co trimmed its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,378,488 shares of the company’s stock after selling 31,036 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises 7.8% of Lee Financial Co’s portfolio, making the stock its 3rd biggest holding. Lee Financial Co owned about 0.30% of Schwab Fundamental U.S. Large Company ETF worth $62,554,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FNDX. Paladin Advisory Group LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 2nd quarter worth approximately $25,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the second quarter valued at approximately $37,000. Bogart Wealth LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 91.5% during the third quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock valued at $43,000 after buying an additional 777 shares during the last quarter. First Command Advisory Services Inc. bought a new position in Schwab Fundamental U.S. Large Company ETF in the third quarter worth approximately $43,000. Finally, Salomon & Ludwin LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 142.2% during the 2nd quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock worth $45,000 after acquiring an additional 1,062 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX stock opened at $28.38 on Friday. The company has a market cap of $23.45 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $28.52. The firm has a fifty day moving average price of $27.59 and a 200-day moving average price of $26.48.

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.