Comerica Bank Has $170,000 Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Comerica Bank trimmed its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 33.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,214 shares of the company’s stock after selling 3,606 shares during the period. Comerica Bank’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $170,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cedar Point Capital Partners LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.5% during the first quarter. Cedar Point Capital Partners LLC now owns 440,841 shares of the company’s stock worth $10,408,000 after buying an additional 6,573 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 12,606.3% during the first quarter. Smartleaf Asset Management LLC now owns 6,099 shares of the company’s stock worth $143,000 after buying an additional 6,051 shares during the last quarter. Haverford Trust Co grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 15.5% during the first quarter. Haverford Trust Co now owns 984,960 shares of the company’s stock worth $23,255,000 after buying an additional 132,217 shares during the last quarter. Sax Wealth Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter worth $239,000. Finally, Ameriprise Financial Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 31.9% during the first quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock worth $183,321,000 after buying an additional 1,878,599 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA FNDX opened at $25.85 on Thursday. The firm’s fifty day moving average price is $25.18 and its two-hundred day moving average price is $24.03. The stock has a market cap of $19.64 billion, a PE ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $26.04.

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.