Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. trimmed its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 18.5% in the second quarter, HoldingsChannel reports. The firm owned 267,366 shares of the company’s stock after selling 60,820 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up 1.1% of Schmidt P J Investment Management Inc.’s investment portfolio, making the stock its 26th largest position. Schmidt P J Investment Management Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $6,561,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Townsend Asset Management Corp NC ADV boosted its stake in Schwab Fundamental U.S. Large Company ETF by 1.2% during the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock valued at $898,000 after purchasing an additional 436 shares during the period. Archvest Wealth Advisors Inc. boosted its stake in Schwab Fundamental U.S. Large Company ETF by 1.6% during the 1st quarter. Archvest Wealth Advisors Inc. now owns 29,063 shares of the company’s stock valued at $686,000 after purchasing an additional 455 shares during the period. Financial Synergies Wealth Advisors Inc. boosted its stake in Schwab Fundamental U.S. Large Company ETF by 0.8% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 56,968 shares of the company’s stock valued at $1,345,000 after purchasing an additional 466 shares during the period. Mather Group LLC. boosted its stake in Schwab Fundamental U.S. Large Company ETF by 2.9% during the 2nd quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock valued at $409,000 after purchasing an additional 468 shares during the period. Finally, WealthShield Partners LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 40.4% during the 1st quarter. WealthShield Partners LLC now owns 1,881 shares of the company’s stock valued at $44,000 after purchasing an additional 541 shares during the period.

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

Schwab Fundamental U.S. Large Company ETF stock opened at $26.73 on Monday. The firm has a 50-day moving average price of $26.06 and a two-hundred day moving average price of $24.67. The firm has a market capitalization of $21.10 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $26.81.

Schwab Fundamental U.S. Large Company ETF Company 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.