Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Envision Financial LLC

Envision Financial LLC lessened its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 4.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 618,699 shares of the company’s stock after selling 25,478 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up about 8.9% of Envision Financial LLC’s portfolio, making the stock its 2nd biggest holding. Envision Financial LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $19,242,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Diversified Management Inc. raised its holdings in Schwab Fundamental U.S. Large Company ETF by 19.8% in the 2nd quarter. Diversified Management Inc. now owns 45,475 shares of the company’s stock valued at $1,414,000 after acquiring an additional 7,508 shares during the last quarter. Charles Schwab Trust Co grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 12.1% in the 2nd quarter. Charles Schwab Trust Co now owns 3,606,725 shares of the company’s stock valued at $112,169,000 after buying an additional 387,946 shares during the period. KMG Fiduciary Partners LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 0.9% in the second quarter. KMG Fiduciary Partners LLC now owns 71,330 shares of the company’s stock valued at $2,218,000 after buying an additional 641 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 3.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 174,935 shares of the company’s stock worth $5,440,000 after purchasing an additional 5,675 shares during the period. Finally, Wealthcare Advisory Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF during the second quarter worth about $263,000.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.1%

Schwab Fundamental U.S. Large Company ETF stock opened at $32.41 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $24.93 and a 12-month high of $32.51. The stock has a market cap of $27.36 billion, a P/E ratio of 17.86 and a beta of 0.87. The company has a fifty day simple moving average of $31.40 and a 200-day simple moving average of $29.89.

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.