Schwab Fundamental U.S. Large Company ETF $FNDX Shares Sold by Westbourne Investments Inc.

Westbourne Investments Inc. trimmed its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 3.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 38,886 shares of the company’s stock after selling 1,464 shares during the quarter. Westbourne Investments Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $954,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Woodside Wealth Management LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth $25,000. Bridge Generations Wealth Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 171.2% during the first quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock valued at $28,000 after buying an additional 738 shares in the last quarter. Key Financial Inc grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 79.5% during the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after buying an additional 596 shares in the last quarter. Pinney & Scofield Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at $33,000. Finally, Dagco Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter valued at $33,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX opened at $26.11 on Wednesday. The stock has a fifty day moving average price of $25.27 and a 200 day moving average price of $24.07. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $26.19. The stock has a market cap of $19.84 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00.

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.