Short Interest in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) Decreases By 13.1%

Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 2,665,684 shares, a drop of 13.1% from the February 12th total of 3,068,083 shares. Based on an average trading volume of 7,162,125 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 7,162,125 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Schwab Fundamental U.S. Large Company ETF

Several large investors have recently modified their holdings of the company. Burk Holdings LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at $489,000. AlphaCore Capital LLC boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 5.9% during the 3rd quarter. AlphaCore Capital LLC now owns 3,596,691 shares of the company’s stock worth $94,593,000 after acquiring an additional 200,122 shares during the last quarter. Blueprint Investment Partners LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 28.4% in the 3rd quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock worth $5,117,000 after acquiring an additional 43,090 shares in the last quarter. Blueprint Financial Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 2nd quarter worth $4,739,000. Finally, Boyce & Associates Wealth Consulting Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 23.8% in the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 224,918 shares of the company’s stock valued at $5,915,000 after purchasing an additional 43,207 shares during the last quarter.

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

FNDX stock traded down $0.06 during trading on Wednesday, hitting $28.11. The company had a trading volume of 136,062 shares, compared to its average volume of 6,458,827. The business has a 50-day moving average of $28.51 and a 200-day moving average of $27.30. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $29.37. The stock has a market cap of $23.29 billion, a PE ratio of 17.86 and a beta of 0.93.

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.