Clarkston Capital Partners LLC Sells 390,400 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Clarkston Capital Partners LLC cut its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 82.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 84,310 shares of the company’s stock after selling 390,400 shares during the quarter. Clarkston Capital Partners LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,348,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock worth $11,249,790,000 after purchasing an additional 4,241,879 shares during the period. Captrust Financial Advisors increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 25.7% during the fourth quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock valued at $582,113,000 after purchasing an additional 4,370,263 shares in the last quarter. TradeWell Securities LLC. purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at approximately $346,153,000. Keybank National Association OH lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 50.2% during the first quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after purchasing an additional 4,162,731 shares during the last quarter. Finally, Boulay Financial Advisors LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.0% in the 4th quarter. Boulay Financial Advisors LLC now owns 9,126,260 shares of the company’s stock worth $248,326,000 after purchasing an additional 353,656 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.8%

Schwab Fundamental U.S. Large Company ETF stock opened at $31.35 on Friday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $24.27 and a twelve month high of $31.78. The company has a market capitalization of $26.34 billion, a P/E ratio of 17.86 and a beta of 0.87. The stock’s 50 day moving average is $31.07 and its 200 day moving average is $29.53.

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.