Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Allen Wealth Management LLC

Allen Wealth Management LLC decreased its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 918,905 shares of the company’s stock after selling 51,670 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises approximately 15.0% of Allen Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Allen Wealth Management LLC owned about 0.11% of Schwab Fundamental U.S. Large Company ETF worth $25,003,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Burk Holdings LLC bought a new position in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth approximately $489,000. Blueprint Investment Partners LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 28.4% during the 3rd quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock worth $5,117,000 after acquiring an additional 43,090 shares during the last quarter. Capital Advantage Inc. boosted its stake in Schwab Fundamental U.S. Large Company ETF by 48.2% during the 4th quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock worth $4,058,000 after acquiring an additional 48,529 shares during the last quarter. AlphaCore Capital LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 5.9% during the 3rd quarter. AlphaCore Capital LLC now owns 3,596,691 shares of the company’s stock worth $94,593,000 after acquiring an additional 200,122 shares during the last quarter. Finally, Boyce & Associates Wealth Consulting Inc. boosted its stake in Schwab Fundamental U.S. Large Company ETF by 23.8% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 224,918 shares of the company’s stock worth $5,915,000 after acquiring an additional 43,207 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $28.89 on Tuesday. The company’s 50 day simple moving average is $28.45 and its 200 day simple moving average is $27.56. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $21.35 and a fifty-two week high of $29.37. The firm has a market capitalization of $24.71 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

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.