Payne Capital LLC Has $5.05 Million Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Payne Capital LLC lowered its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 25.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 181,278 shares of the company’s stock after selling 60,863 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises about 4.6% of Payne Capital LLC’s portfolio, making the stock its 7th largest position. Payne Capital LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $5,049,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Resources Management Corp CT ADV purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at about $27,000. Keenan LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth approximately $27,000. Capital Investment Advisory Services LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock valued at $37,000 after acquiring an additional 615 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $39,000. Finally, RHL Group LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at approximately $41,000.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.4%

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $30.98 on Friday. The business’s fifty day simple moving average is $30.47 and its 200 day simple moving average is $28.96. The firm has a market capitalization of $26.68 billion, a P/E ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $24.21 and a 12 month high of $31.56.

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.