Warner Financial Inc. Sells 2,930 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Warner Financial Inc. lowered its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.5% during the 2nd quarter, Holdings Channel reports. The firm owned 113,167 shares of the company’s stock after selling 2,930 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises approximately 1.1% of Warner Financial Inc.’s investment portfolio, making the stock its 27th largest holding. Warner Financial Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,777,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Boulay Financial Advisors LLC grew its stake in Schwab Fundamental U.S. Large Company ETF by 36.1% in the second quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock worth $195,005,000 after purchasing an additional 2,266,989 shares in the last quarter. McAdam LLC grew its stake in Schwab Fundamental U.S. Large Company ETF by 2.3% in the second quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock worth $202,901,000 after purchasing an additional 182,584 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 31.9% in the first quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock worth $183,321,000 after purchasing an additional 1,878,599 shares in the last quarter. Steele Capital Management Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 1.3% in the first quarter. Steele Capital Management Inc. now owns 6,054,706 shares of the company’s stock worth $142,952,000 after purchasing an additional 75,461 shares in the last quarter. Finally, Glassman Wealth Services grew its stake in Schwab Fundamental U.S. Large Company ETF by 0.7% in the first quarter. Glassman Wealth Services now owns 4,546,703 shares of the company’s stock worth $107,348,000 after purchasing an additional 31,941 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.0%

Shares of NYSEARCA:FNDX opened at $26.43 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $26.51. The stock has a market cap of $20.08 billion, a P/E ratio of 17.86 and a beta of 1.00. The business’s 50 day moving average is $25.61 and its 200 day moving average is $24.28.

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.