Pasadena Private Wealth LLC Has $13.71 Million Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Pasadena Private Wealth LLC reduced its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 7.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 203,391 shares of the company’s stock after selling 17,230 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 3.2% of Pasadena Private Wealth LLC’s holdings, making the stock its 7th largest holding. Pasadena Private Wealth LLC owned 0.10% of Schwab Fundamental U.S. Large Company Index ETF worth $13,707,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of FNDX. Bradley & Co. Private Wealth Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at $25,000. Able Wealth Management LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth $28,000. Johnson Financial Group Inc. increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 262.2% in the fourth quarter. Johnson Financial Group Inc. now owns 536 shares of the company’s stock worth $33,000 after purchasing an additional 388 shares during the period. Tidemark LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth $36,000. Finally, WealthShield Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth $44,000.

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

FNDX stock traded up $0.27 during midday trading on Friday, reaching $67.14. The company’s stock had a trading volume of 54,793 shares, compared to its average volume of 473,672. The stock has a fifty day simple moving average of $66.29 and a two-hundred day simple moving average of $64.57. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $53.32 and a 1 year high of $67.86. The firm has a market capitalization of $15.38 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84.

Schwab Fundamental U.S. Large Company Index ETF 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.