Wealth Enhancement Advisory Services LLC Trims Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Wealth Enhancement Advisory Services LLC lessened its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 12.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 556,683 shares of the company’s stock after selling 78,158 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.07% of Schwab Fundamental U.S. Large Company ETF worth $15,531,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FNDX. Gryphon Financial Partners LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 13.2% in the 4th quarter. Gryphon Financial Partners LLC now owns 45,071 shares of the company’s stock valued at $1,226,000 after purchasing an additional 5,270 shares during the period. Wedmont Private Capital boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 2.3% during the fourth quarter. Wedmont Private Capital now owns 43,400 shares of the company’s stock worth $1,201,000 after buying an additional 992 shares in the last quarter. Fragasso Financial Advisors Inc acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at $202,000. Envision Financial LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 7.3% in the fourth quarter. Envision Financial LLC now owns 655,421 shares of the company’s stock valued at $17,834,000 after buying an additional 44,861 shares in the last quarter. Finally, Capital Advantage Inc. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 48.2% in the fourth quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock valued at $4,058,000 after buying an additional 48,529 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $27.90 on Thursday. The firm has a 50-day simple moving average of $28.49 and a two-hundred day simple moving average of $27.37. 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 company has a market cap of $23.12 billion, a P/E 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.