Janney Montgomery Scott LLC Trims Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Janney Montgomery Scott LLC lowered its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 10.3% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,001 shares of the company’s stock after selling 2,990 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $638,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Townsend Asset Management Corp NC ADV increased its holdings in shares of 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 worth $898,000 after buying an additional 436 shares during the last quarter. Archvest Wealth Advisors Inc. increased its holdings in shares of 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 worth $686,000 after buying an additional 455 shares during the last quarter. Financial Synergies Wealth Advisors Inc. increased its holdings in shares of 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 worth $1,345,000 after buying an additional 466 shares during the last quarter. Mather Group LLC. increased its holdings in shares of 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 worth $409,000 after buying an additional 468 shares during the last quarter. Finally, WealthShield Partners LLC increased its holdings in shares of 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 worth $44,000 after buying an additional 541 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.9%

FNDX stock opened at $26.05 on Friday. The company has a market cap of $20.51 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00. The business has a fifty day simple moving average of $25.90 and a 200-day simple moving average of $24.46. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $26.66.

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.