EQ Wealth Advisors LLC Decreases Stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

EQ Wealth Advisors LLC lowered its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 12.1% in the 1st quarter, Holdings Channel reports. The firm owned 33,317 shares of the company’s stock after selling 4,578 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for approximately 0.6% of EQ Wealth Advisors LLC’s portfolio, making the stock its 28th largest position. EQ Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $787,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. IAG Wealth Partners LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 200.0% during the 4th quarter. IAG Wealth Partners LLC now owns 1,110 shares of the company’s stock valued at $26,000 after acquiring an additional 740 shares during the last quarter. WealthShield Partners LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 201.1% during the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after acquiring an additional 895 shares during the last quarter. Oarsman Capital Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $32,000. Pinney & Scofield Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $33,000. Finally, Tidemark LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 201.8% during the 4th quarter. Tidemark LLC now owns 1,799 shares of the company’s stock valued at $43,000 after acquiring an additional 1,203 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $24.01 on Monday. The business has a 50 day moving average of $23.32 and a 200 day moving average of $23.71. The company has a market capitalization of $18.09 billion, a price-to-earnings ratio of 18.51 and a beta of 0.94. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $25.17.

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.