Cowa LLC Sells 88,790 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Cowa LLC reduced its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 40.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 130,285 shares of the company’s stock after selling 88,790 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises about 1.1% of Cowa LLC’s holdings, making the stock its 26th biggest holding. Cowa LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,427,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Allworth Financial LP grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 12.5% during the second quarter. Allworth Financial LP now owns 173,319 shares of the company’s stock worth $4,253,000 after purchasing an additional 19,215 shares in the last quarter. Assetmark Inc. lifted its position in Schwab Fundamental U.S. Large Company ETF by 269.0% during the second quarter. Assetmark Inc. now owns 15,350 shares of the company’s stock valued at $377,000 after purchasing an additional 11,190 shares during the last quarter. Blueprint Financial Advisors LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the second quarter valued at approximately $4,739,000. Boyce & Associates Wealth Consulting Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 23.8% in the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 224,918 shares of the company’s stock worth $5,915,000 after buying an additional 43,207 shares in the last quarter. Finally, BCS Wealth Management increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 22.2% in the 3rd quarter. BCS Wealth Management now owns 178,274 shares of the company’s stock worth $4,689,000 after buying an additional 32,377 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $28.79 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $29.37. The stock has a market cap of $23.86 billion, a P/E ratio of 17.86 and a beta of 0.93. The firm’s fifty day moving average price is $28.15 and its 200-day moving average price is $26.95.

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.