Maridea Wealth Management LLC Sells 3,680 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Maridea Wealth Management LLC lessened its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 15.4% during the second quarter, HoldingsChannel reports. The firm owned 20,268 shares of the company’s stock after selling 3,680 shares during the period. Maridea Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $497,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of FNDX. Boulay Financial Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $140,067,000. Ameriprise Financial Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 31.9% in the 1st quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock worth $183,321,000 after purchasing an additional 1,878,599 shares during the period. Belpointe Asset Management LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $29,957,000. Fortis Capital Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $29,957,000. Finally, PTM Wealth Management LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $27,418,000.

Schwab Fundamental U.S. Large Company ETF Trading Down 0.3%

NYSEARCA:FNDX opened at $26.11 on Friday. The stock has a market capitalization of $19.84 billion, a PE ratio of 17.86 and a beta of 1.00. The firm’s 50 day moving average is $25.47 and its 200 day moving average is $24.18. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $26.51.

Schwab Fundamental U.S. Large Company 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.