Principal Securities Inc. Sells 92,215 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Principal Securities Inc. lessened its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 13.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 588,939 shares of the company’s stock after selling 92,215 shares during the quarter. Principal Securities Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $16,025,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Capital Investment Advisory Services LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after buying an additional 615 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $39,000. RHL Group LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth $41,000. Fifth Third Bancorp bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 3rd quarter worth $44,000. Finally, LGT Financial Advisors LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 11,188.2% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,919 shares of the company’s stock worth $50,000 after buying an additional 1,902 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Up 1.5%

NYSEARCA FNDX opened at $31.02 on Friday. The company has a fifty day simple moving average of $29.94 and a 200 day simple moving average of $28.68. The company has a market cap of $26.72 billion, a P/E ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $23.89 and a 1 year high of $31.29.

About Schwab Fundamental U.S. Large Company ETF

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.