Lindbrook Capital LLC Reduces Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Lindbrook Capital LLC trimmed its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 47.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,821 shares of the company’s stock after selling 1,615 shares during the period. Lindbrook Capital LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $113,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FNDX. Cedar Brook Financial Partners LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 10.0% during the 3rd quarter. Cedar Brook Financial Partners LLC now owns 9,558 shares of the company’s stock valued at $535,000 after purchasing an additional 866 shares during the last quarter. CreativeOne Wealth LLC boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 5.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 7,465 shares of the company’s stock valued at $418,000 after buying an additional 410 shares during the period. Cambridge Advisors Inc. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 1.4% in the 3rd quarter. Cambridge Advisors Inc. now owns 41,146 shares of the company’s stock valued at $2,303,000 after buying an additional 586 shares during the period. Financial Strategies Group Inc. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 2.0% in the 3rd quarter. Financial Strategies Group Inc. now owns 305,059 shares of the company’s stock valued at $17,291,000 after buying an additional 5,863 shares during the period. Finally, Gemmer Asset Management LLC boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 2.7% in the 3rd quarter. Gemmer Asset Management LLC now owns 717,222 shares of the company’s stock valued at $40,143,000 after buying an additional 19,079 shares during the period.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $65.28 on Wednesday. The stock has a market cap of $14.82 billion, a price-to-earnings ratio of 17.39 and a beta of 0.86. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $53.32 and a 1 year high of $67.52. The firm has a 50-day moving average of $65.31 and a two-hundred day moving average of $61.53.

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