Glassman Wealth Services Sells 9,004 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Glassman Wealth Services lowered its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDXGet Rating) by 0.7% during the first quarter, Holdings Channel reports. The firm owned 1,298,512 shares of the company’s stock after selling 9,004 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF makes up about 14.9% of Glassman Wealth Services’ portfolio, making the stock its 2nd largest holding. Glassman Wealth Services’ holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $75,963,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Ford Financial Group LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the 1st quarter valued at about $4,016,000. Carnegie Capital Asset Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 1st quarter valued at approximately $204,000. Planned Solutions Inc. boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 0.8% in the 1st quarter. Planned Solutions Inc. now owns 351,376 shares of the company’s stock valued at $20,556,000 after purchasing an additional 2,819 shares in the last quarter. McAdam LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 9.5% in the 1st quarter. McAdam LLC now owns 2,074,951 shares of the company’s stock valued at $121,385,000 after purchasing an additional 179,500 shares in the last quarter. Finally, Cedar Brook Financial Partners LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 16.3% in the 1st quarter. Cedar Brook Financial Partners LLC now owns 14,007 shares of the company’s stock valued at $819,000 after purchasing an additional 1,968 shares in the last quarter.

FNDX traded up $0.17 during trading on Thursday, reaching $50.73. The company’s stock had a trading volume of 1,150 shares, compared to its average volume of 1,327,909. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $49.49 and a 52-week high of $60.29. The company’s fifty day moving average price is $55.27 and its 200-day moving average price is $56.94.

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Institutional Ownership by Quarter for Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

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