Pasadena Private Wealth LLC Sells 131,843 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Pasadena Private Wealth LLC decreased its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 19.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 537,356 shares of the company’s stock after selling 131,843 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises approximately 2.0% of Pasadena Private Wealth LLC’s portfolio, making the stock its 13th biggest holding. Pasadena Private Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $14,132,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Revolve Wealth Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $719,000. AQR Capital Management LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at about $739,000. NewEdge Advisors LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 0.9% during the first quarter. NewEdge Advisors LLC now owns 79,580 shares of the company’s stock valued at $1,879,000 after purchasing an additional 695 shares during the last quarter. Jane Street Group LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 39.9% during the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after purchasing an additional 25,267 shares during the period. Finally, Focus Partners Wealth increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.4% in the first quarter. Focus Partners Wealth now owns 1,427,739 shares of the company’s stock worth $33,709,000 after purchasing an additional 19,314 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.6%

NYSEARCA FNDX opened at $28.12 on Friday. The firm has a market cap of $22.88 billion, a P/E ratio of 17.86 and a beta of 0.93. The company’s 50 day moving average is $27.06 and its 200-day moving average is $26.10. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $28.16.

About Schwab Fundamental U.S. Large Company ETF

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.