Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Sold by Addison Advisors LLC

Addison Advisors LLC cut its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 1.2% during the second quarter, Holdings Channel reports. The firm owned 18,885 shares of the company’s stock after selling 230 shares during the quarter. Addison Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,265,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in FNDX. Townsend Asset Management Corp NC ADV increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 1.4% during the 1st quarter. Townsend Asset Management Corp NC ADV now owns 11,896 shares of the company’s stock worth $802,000 after buying an additional 160 shares during the period. First Pacific Financial increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 9.8% during the first quarter. First Pacific Financial now owns 1,856 shares of the company’s stock worth $125,000 after acquiring an additional 165 shares during the period. Alpha Omega Wealth Management LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.7% during the first quarter. Alpha Omega Wealth Management LLC now owns 10,307 shares of the company’s stock worth $695,000 after acquiring an additional 175 shares during the period. MCF Advisors LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.8% in the second quarter. MCF Advisors LLC now owns 3,903 shares of the company’s stock valued at $261,000 after acquiring an additional 177 shares in the last quarter. Finally, Advisory Services Network LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.0% in the fourth quarter. Advisory Services Network LLC now owns 19,255 shares of the company’s stock valued at $1,193,000 after purchasing an additional 184 shares during the period.

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

NYSEARCA FNDX traded down $0.52 during trading hours on Friday, hitting $68.76. 50,461 shares of the company were exchanged, compared to its average volume of 468,535. The firm has a market cap of $15.75 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The company has a 50 day moving average of $68.49 and a two-hundred day moving average of $66.80. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $70.91.

Schwab Fundamental U.S. Large Company Index 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.