Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Stake Reduced by Opes Wealth Management LLC

Opes Wealth Management LLC trimmed its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 4.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 174,305 shares of the company’s stock after selling 8,277 shares during the period. Schwab Fundamental U.S. Large Company Index ETF makes up about 2.6% of Opes Wealth Management LLC’s holdings, making the stock its 6th biggest holding. Opes Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $10,796,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of FNDX. Cowa LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 31,068.3% during the 1st quarter. Cowa LLC now owns 3,597,442 shares of the company’s stock valued at $2,105,000 after purchasing an additional 3,585,900 shares during the last quarter. Charles Schwab Investment Advisory Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.4% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 124,385,451 shares of the company’s stock valued at $6,961,854,000 after acquiring an additional 1,757,011 shares during the last quarter. Alps Advisors Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at about $39,682,000. Planned Solutions Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at about $21,114,000. Finally, CI Private Wealth LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at about $13,941,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.1 %

Shares of NYSEARCA FNDX traded up $0.06 during trading on Thursday, reaching $63.93. 890,905 shares of the company traded hands, compared to its average volume of 533,925. The firm has a 50 day simple moving average of $65.21 and a 200-day simple moving average of $61.22. The stock has a market capitalization of $12.89 billion, a PE ratio of 15.88 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $67.52.

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.