Capasso Planning Partners LLC Trims Position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Capasso Planning Partners LLC lowered its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 17.1% in the first quarter, Holdings Channel.com reports. The firm owned 109,413 shares of the company’s stock after selling 22,636 shares during the period. Schwab Fundamental U.S. Large Company ETF accounts for 1.1% of Capasso Planning Partners LLC’s investment portfolio, making the stock its 21st largest holding. Capasso Planning Partners LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,583,000 at the end of the most recent quarter.

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

Schwab Fundamental U.S. Large Company ETF Stock Down 0.8%

Shares of FNDX opened at $24.16 on Thursday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $25.17. The company’s fifty day moving average is $23.45 and its two-hundred day moving average is $23.71. The firm has a market cap of $18.21 billion, a PE ratio of 18.51 and a beta of 0.94.

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.