Quadcap Wealth Management LLC Sells 27,332 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Quadcap Wealth Management LLC decreased its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 8.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 298,416 shares of the company’s stock after selling 27,332 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for about 0.9% of Quadcap Wealth Management LLC’s holdings, making the stock its 21st largest position. Quadcap Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $8,311,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Everest Financial Group LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF during the first quarter worth approximately $538,000. Waverly Advisors LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 17.3% in the first quarter. Waverly Advisors LLC now owns 60,896 shares of the company’s stock valued at $1,696,000 after purchasing an additional 8,974 shares during the period. Renaissance Technologies LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $3,038,000. Compound Planning Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter worth $358,000. Finally, RMG Wealth Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter worth $102,000.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.5%

NYSEARCA FNDX opened at $31.52 on Friday. The company has a fifty day simple moving average of $31.10 and a 200 day simple moving average of $29.54. The company has a market cap of $26.48 billion, a P/E ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $24.27 and a 1 year high of $31.78.

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.