Bell Investment Advisors Inc Sells 67,599 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Bell Investment Advisors Inc reduced its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 3.2% in the third quarter, HoldingsChannel.com reports. The fund owned 2,063,000 shares of the company’s stock after selling 67,599 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for 8.9% of Bell Investment Advisors Inc’s holdings, making the stock its 2nd biggest position. Bell Investment Advisors Inc’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $54,257,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in FNDX. Bogart Wealth LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 91.5% in the 3rd quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock valued at $43,000 after purchasing an additional 777 shares during the period. First Command Advisory Services Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at about $43,000. Fifth Third Bancorp acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the third quarter worth approximately $44,000. Manning & Napier Advisors LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the third quarter worth approximately $50,000. Finally, LGT Financial Advisors LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 11,188.2% in the third quarter. LGT Financial Advisors LLC now owns 1,919 shares of the company’s stock worth $50,000 after purchasing an additional 1,902 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX opened at $28.17 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 business’s 50 day moving average price is $28.51 and its two-hundred day moving average price is $27.30. The firm has a market cap of $23.34 billion, a PE ratio of 17.86 and a beta of 0.93.

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.