Yoder Wealth Management Inc. Trims Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Yoder Wealth Management Inc. lessened its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 1.2% during the 4th quarter, Holdings Channel reports. The firm owned 24,439 shares of the company’s stock after selling 285 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises 1.1% of Yoder Wealth Management Inc.’s investment portfolio, making the stock its 28th biggest holding. Yoder Wealth Management Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at approximately $25,000. Gradient Investments LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 2,886.7% during the third quarter. Gradient Investments LLC now owns 448 shares of the company’s stock valued at $25,000 after buying an additional 433 shares during the period. WealthShield Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at approximately $44,000. Arlington Trust Co LLC purchased a new position in Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth approximately $80,000. Finally, Citigroup Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 20.1% during the third quarter. Citigroup Inc. now owns 1,338 shares of the company’s stock worth $75,000 after purchasing an additional 224 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

NYSEARCA:FNDX traded up $0.17 during trading hours on Friday, reaching $65.04. 327,577 shares of the company were exchanged, compared to its average volume of 521,728. The firm has a market cap of $14.76 billion, a price-to-earnings ratio of 17.39 and a beta of 0.86. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $67.52. The stock has a 50 day simple moving average of $65.40 and a 200 day simple moving average of $61.64.

Schwab Fundamental U.S. Large Company Index 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.