Ashford Advisors LLC Sells 105,592 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Ashford Advisors LLC cut its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,876,180 shares of the company’s stock after selling 105,592 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises approximately 10.9% of Ashford Advisors LLC’s holdings, making the stock its 3rd largest position. Ashford Advisors LLC owned about 0.24% of Schwab Fundamental U.S. Large Company ETF worth $49,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of FNDX. Paladin Advisory Group LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the second quarter worth $25,000. Mid American Wealth Advisory Group Inc. bought a new stake in Schwab Fundamental U.S. Large Company ETF during the second quarter worth approximately $37,000. Bogart Wealth LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF by 91.5% during the third quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock valued at $43,000 after purchasing an additional 777 shares during the last quarter. First Command Advisory Services Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter valued at approximately $43,000. Finally, Salomon & Ludwin LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 142.2% during the 2nd quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock worth $45,000 after buying an additional 1,062 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX opened at $28.27 on Wednesday. The company has a market capitalization of $23.27 billion, a PE ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $28.46. The company’s fifty day moving average price is $27.46 and its 200 day moving average price is $26.41.

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.