Asset Planning Corporation Sells 11,564 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Asset Planning Corporation lessened its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 20.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,014 shares of the company’s stock after selling 11,564 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises about 0.6% of Asset Planning Corporation’s investment portfolio, making the stock its 25th largest position. Asset Planning Corporation’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,080,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Private Trust Co. NA bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at about $47,000. Dynamic Advisor Solutions LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $431,000. QRG Capital Management Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 29.5% during the 1st quarter. QRG Capital Management Inc. now owns 27,266 shares of the company’s stock worth $644,000 after acquiring an additional 6,214 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 36.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 28,991 shares of the company’s stock valued at $684,000 after acquiring an additional 7,679 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 90.3% in the 1st quarter. Farther Finance Advisors LLC now owns 15,302 shares of the company’s stock valued at $361,000 after purchasing an additional 7,260 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $26.52 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $26.66. The stock’s fifty day simple moving average is $25.67 and its 200-day simple moving average is $24.33. The firm has a market capitalization of $20.64 billion, a P/E 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.