Schwab Fundamental U.S. Large Company ETF $FNDX Holdings Lowered by Payne Capital LLC

Payne Capital LLC lowered its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 25.1% in the 1st quarter, HoldingsChannel reports. The fund owned 181,278 shares of the company’s stock after selling 60,863 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for about 4.6% of Payne Capital LLC’s holdings, making the stock its 7th biggest position. Payne Capital LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $5,049,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Keenan LLC bought a new position in Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth about $27,000. Resources Management Corp CT ADV bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $27,000. Capital Investment Advisory Services LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock valued at $37,000 after buying an additional 615 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at approximately $39,000. Finally, RHL Group LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth approximately $41,000.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.4%

FNDX opened at $30.98 on Friday. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $24.21 and a 12 month high of $31.56. The company has a market cap of $26.68 billion, a PE ratio of 17.86 and a beta of 0.87. The company has a 50 day moving average of $30.47 and a 200 day moving average of $28.96.

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.