Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Cidel Asset Management Inc.

Cidel Asset Management Inc. trimmed its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 14.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,097 shares of the company’s stock after selling 26,196 shares during the quarter. Cidel Asset Management Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,220,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Captrust Financial Advisors grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.4% during the third quarter. Captrust Financial Advisors now owns 17,023,084 shares of the company’s stock worth $447,707,000 after buying an additional 718,789 shares in the last quarter. Boulay Financial Advisors LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF by 2.9% in the third quarter. Boulay Financial Advisors LLC now owns 8,772,604 shares of the company’s stock worth $230,719,000 after acquiring an additional 243,340 shares during the last quarter. McAdam LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF by 5.8% in the third quarter. McAdam LLC now owns 8,751,118 shares of the company’s stock worth $230,154,000 after acquiring an additional 482,945 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 4.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock worth $199,151,000 after acquiring an additional 349,667 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF by 0.7% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 7,877,150 shares of the company’s stock worth $207,169,000 after acquiring an additional 55,429 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX opened at $27.98 on Monday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $29.37. The firm’s fifty day simple moving average is $28.42 and its 200-day simple moving average is $27.47. The firm has a market capitalization of $23.78 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93.

About Schwab Fundamental U.S. Large Company ETF

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.