Quadcap Wealth Management LLC Sells 27,332 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Quadcap Wealth Management LLC lowered its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 8.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 298,416 shares of the company’s stock after selling 27,332 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for about 0.9% of Quadcap Wealth Management LLC’s investment portfolio, making the stock its 21st largest position. Quadcap Wealth Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $8,311,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock valued at $11,249,790,000 after acquiring an additional 4,241,879 shares during the period. Captrust Financial Advisors increased its position in Schwab Fundamental U.S. Large Company ETF by 25.7% during the fourth quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock worth $582,113,000 after acquiring an additional 4,370,263 shares during the period. TradeWell Securities LLC. bought a new position in Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth $346,153,000. Keybank National Association OH raised its stake in Schwab Fundamental U.S. Large Company ETF by 50.2% during the 1st quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after purchasing an additional 4,162,731 shares during the last quarter. Finally, Boulay Financial Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company ETF by 4.0% during the 4th quarter. Boulay Financial Advisors LLC now owns 9,126,260 shares of the company’s stock valued at $248,326,000 after purchasing an additional 353,656 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $31.52 on Friday. The company has a market cap of $26.48 billion, a PE ratio of 17.86 and a beta of 0.87. The firm has a fifty day moving average price of $31.10 and a two-hundred day moving average price of $29.54. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $24.27 and a fifty-two week high of $31.78.

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.