Archford Capital Strategies LLC Cuts Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Archford Capital Strategies LLC lessened its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 10.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 483,849 shares of the company’s stock after selling 57,608 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for 1.5% of Archford Capital Strategies LLC’s investment portfolio, making the stock its 14th biggest position. Archford Capital Strategies LLC owned 0.06% of Schwab Fundamental U.S. Large Company ETF worth $13,166,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Bogart Wealth LLC grew its stake in shares of 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 buying an additional 777 shares during the last quarter. First Command Advisory Services Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at about $43,000. Fifth Third Bancorp purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at about $44,000. Manning & Napier Advisors LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at about $50,000. Finally, LGT Financial Advisors LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 11,188.2% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,919 shares of the company’s stock worth $50,000 after acquiring an additional 1,902 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $27.85 on Wednesday. The business’s 50 day simple moving average is $28.44 and its two-hundred day simple moving average is $27.43. The stock has a market capitalization of $23.08 billion, a P/E 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 $29.37.

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.