Whitener Capital Management Inc. Decreases Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Whitener Capital Management Inc. cut its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 3.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,557 shares of the company’s stock after selling 1,219 shares during the quarter. Whitener Capital Management Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,989,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FNDX. Retirement Group LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 1st quarter worth approximately $25,000. Global Retirement Partners LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 162.4% during the first quarter. Global Retirement Partners LLC now owns 551 shares of the company’s stock worth $30,000 after buying an additional 341 shares in the last quarter. Money Concepts Capital Corp acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at $30,000. Morling Financial Advisors LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF in the first quarter valued at $41,000. Finally, Sound Income Strategies LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 114.9% during the 1st quarter. Sound Income Strategies LLC now owns 763 shares of the company’s stock worth $42,000 after acquiring an additional 408 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Performance

Shares of Schwab Fundamental U.S. Large Company Index ETF stock traded down $0.34 on Tuesday, hitting $57.82. The company’s stock had a trading volume of 183,230 shares, compared to its average volume of 384,793. The company has a market capitalization of $11.66 billion, a price-to-earnings ratio of 15.88 and a beta of 1.00. The firm has a fifty day moving average price of $58.38 and a 200-day moving average price of $56.30. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $47.50 and a 1 year high of $59.97.

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.