Signature Estate & Investment Advisors LLC Reduces Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Signature Estate & Investment Advisors LLC decreased its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 28.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 7,417,222 shares of the company’s stock after selling 2,971,926 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for about 4.6% of Signature Estate & Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Signature Estate & Investment Advisors LLC owned about 1.01% of Schwab Fundamental U.S. Large Company ETF worth $175,121,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Woodside Wealth Management LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth about $25,000. Bridge Generations Wealth Management LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 171.2% during the 1st quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock valued at $28,000 after acquiring an additional 738 shares in the last quarter. Key Financial Inc boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 79.5% during the 1st quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after acquiring an additional 596 shares in the last quarter. Pinney & Scofield Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $33,000. Finally, Dagco Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at about $33,000.

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

NYSEARCA:FNDX opened at $25.85 on Monday. The firm has a market cap of $19.64 billion, a PE ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $26.04. The company’s 50-day moving average price is $25.11 and its two-hundred day moving average price is $23.99.

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.