Kovitz Investment Group Partners LLC Cuts Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Kovitz Investment Group Partners LLC trimmed its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,670 shares of the company’s stock after selling 1,352 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Archvest Wealth Advisors Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 1.6% during the 1st quarter. Archvest Wealth Advisors Inc. now owns 29,063 shares of the company’s stock valued at $686,000 after purchasing an additional 455 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 3.2% during the first quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 15,045 shares of the company’s stock worth $355,000 after purchasing an additional 460 shares during the period. Financial Synergies Wealth Advisors Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 0.8% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 56,968 shares of the company’s stock valued at $1,345,000 after buying an additional 466 shares during the last quarter. WealthShield Partners LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 40.4% in the first quarter. WealthShield Partners LLC now owns 1,881 shares of the company’s stock valued at $44,000 after buying an additional 541 shares during the last quarter. Finally, HRC Wealth Management LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 1.8% in the 1st quarter. HRC Wealth Management LLC now owns 31,554 shares of the company’s stock worth $745,000 after buying an additional 548 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.2%

FNDX opened at $25.34 on Thursday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $25.50. The firm has a 50 day moving average of $24.74 and a two-hundred day moving average of $23.92. The firm has a market capitalization of $19.26 billion, a PE ratio of 17.86 and a beta of 1.00.

Schwab Fundamental U.S. Large Company 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.