59,672 Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by IFC & Insurance Marketing Inc.

IFC & Insurance Marketing Inc. decreased its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 21.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 221,870 shares of the company’s stock after selling 59,672 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up approximately 6.0% of IFC & Insurance Marketing Inc.’s holdings, making the stock its 5th biggest position. IFC & Insurance Marketing Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $6,987,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Keybank National Association OH grew its holdings in Schwab Fundamental U.S. Large Company ETF by 50.2% during the 1st quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock worth $346,857,000 after acquiring an additional 4,162,731 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 6.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,039,245 shares of the company’s stock worth $218,921,000 after acquiring an additional 416,802 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% in the 1st quarter. Cetera Investment Advisers now owns 3,891,438 shares of the company’s stock worth $108,377,000 after acquiring an additional 108,569 shares in the last quarter. Charles Schwab Trust Co raised its position 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 worth $112,169,000 after acquiring an additional 387,946 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 0.4% in the 1st quarter. Bank of America Corp DE now owns 3,144,222 shares of the company’s stock valued at $87,567,000 after purchasing an additional 13,371 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock traded down $0.06 on Friday, hitting $32.52. 4,459,395 shares of the company’s stock traded hands, compared to its average volume of 4,468,930. Schwab Fundamental U.S. Large Company ETF has a one year low of $25.87 and a one year high of $32.85. The company has a fifty day moving average of $32.28 and a two-hundred day moving average of $31.15. The company has a market capitalization of $28.15 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

Schwab Fundamental U.S. Large Company ETF 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.