Kingsview Wealth Management LLC Sells 97,967 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Kingsview Wealth Management LLC lessened its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 33.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,353 shares of the company’s stock after selling 97,967 shares during the period. Kingsview Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $5,033,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FNDX. Paladin Advisory Group LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the second quarter valued at approximately $25,000. Bogart Wealth LLC grew its holdings in Schwab Fundamental U.S. Large Company ETF by 91.5% during the 3rd quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock worth $43,000 after acquiring an additional 777 shares during the last quarter. First Command Advisory Services Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at approximately $43,000. Fifth Third Bancorp acquired a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter valued at approximately $44,000. Finally, Manning & Napier Advisors LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter valued at $50,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of NYSEARCA:FNDX opened at $28.70 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $29.37. The firm has a market cap of $23.78 billion, a PE ratio of 17.86 and a beta of 0.93. The firm’s fifty day moving average is $28.36 and its 200-day moving average is $27.11.

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.