PNC Financial Services Group Inc. Lowers Stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

PNC Financial Services Group Inc. lowered its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDXFree Report) by 27.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 18,487 shares of the company’s stock after selling 6,958 shares during the period. PNC Financial Services Group Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $436,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Woodside Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $25,000. Bridge Generations Wealth Management LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 171.2% in the 1st quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock valued at $28,000 after buying an additional 738 shares during the period. Key Financial Inc boosted its position in Schwab Fundamental U.S. Large Company ETF by 79.5% in the 1st quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after buying an additional 596 shares during the period. Pinney & Scofield Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at approximately $33,000. Finally, JFS Wealth Advisors LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at approximately $44,000.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.1%

Shares of FNDX stock opened at $25.38 on Friday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $25.42. The stock has a market capitalization of $19.29 billion, a PE ratio of 17.86 and a beta of 1.00. The firm has a 50 day moving average of $24.64 and a two-hundred day moving average of $23.91.

About Schwab Fundamental U.S. Large Company ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

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