Global Assets Advisory LLC Sells 55,050 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Global Assets Advisory LLC lessened its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 76.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,160 shares of the company’s stock after selling 55,050 shares during the quarter. Global Assets Advisory LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $426,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in FNDX. Woodside Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at about $25,000. Bridge Generations Wealth Management LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 171.2% during the 1st quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock valued at $28,000 after purchasing an additional 738 shares during the period. Key Financial Inc raised its position in Schwab Fundamental U.S. Large Company ETF by 79.5% during the 1st quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after purchasing an additional 596 shares during the last quarter. Dagco Inc. purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $33,000. Finally, JFS Wealth Advisors LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the 1st quarter worth approximately $44,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $26.52 on Tuesday. The firm’s fifty day simple moving average is $25.67 and its 200 day simple moving average is $24.33. The stock has a market cap of $20.64 billion, a P/E ratio of 17.86 and a beta of 1.00. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $26.66.

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.