Fifth Third Securities Inc. Lowers Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Fifth Third Securities Inc. decreased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 12.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,937 shares of the company’s stock after selling 5,931 shares during the quarter. Fifth Third Securities Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $946,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bruce G. Allen Investments LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 0.3% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock worth $8,101,000 after acquiring an additional 288 shares during the period. Castleview Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the third quarter worth $32,000. Howe & Rusling Inc. raised its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock valued at $514,000 after purchasing an additional 468 shares during the period. Etfidea LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after buying an additional 473 shares in the last quarter. Finally, Godsey & Gibb Inc. boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 28.6% in the 3rd quarter. Godsey & Gibb Inc. now owns 2,303 shares of the company’s stock worth $165,000 after buying an additional 512 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.7 %

NYSEARCA:FNDX opened at $24.63 on Friday. The business’s 50-day simple moving average is $24.31 and its two-hundred day simple moving average is $23.80. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.72 and a 52 week high of $25.17. The stock has a market cap of $5.64 billion, a PE ratio of 17.79 and a beta of 0.84.

About Schwab Fundamental U.S. Large Company Index 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.