Bell Investment Advisors Inc Trims Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Bell Investment Advisors Inc lessened its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 4.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 693,491 shares of the company’s stock after selling 32,235 shares during the period. Schwab Fundamental U.S. Large Company Index ETF makes up about 9.1% of Bell Investment Advisors Inc’s investment portfolio, making the stock its 2nd largest position. Bell Investment Advisors Inc owned about 0.30% of Schwab Fundamental U.S. Large Company Index ETF worth $46,450,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 276.0% during the first quarter. Geneos Wealth Management Inc. now owns 391 shares of the company’s stock worth $26,000 after buying an additional 287 shares during the period. Able Wealth Management LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth $28,000. Palisade Asset Management LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the first quarter worth $30,000. Johnson Financial Group Inc. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 262.2% during the fourth quarter. Johnson Financial Group Inc. now owns 536 shares of the company’s stock worth $33,000 after buying an additional 388 shares during the period. Finally, Tidemark LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth $36,000.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.1 %

NYSEARCA FNDX opened at $68.91 on Thursday. The company’s 50-day moving average price is $68.60 and its 200-day moving average price is $66.94. The stock has a market cap of $15.78 billion, a PE ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $53.32 and a 12 month high of $70.91.

Schwab Fundamental U.S. Large Company Index 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.