InterOcean Capital Group LLC Sells 2,168 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

InterOcean Capital Group LLC reduced its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 21.8% during the first quarter, HoldingsChannel reports. The firm owned 7,793 shares of the company’s stock after selling 2,168 shares during the period. InterOcean Capital Group LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $525,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of FNDX. Bradley & Co. Private Wealth Management LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter valued at approximately $25,000. Geneos Wealth Management Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 276.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 391 shares of the company’s stock worth $26,000 after buying an additional 287 shares during the period. Able Wealth Management LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth $28,000. Palisade Asset Management LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 1st quarter worth $30,000. Finally, Johnson Financial Group Inc. increased its position in Schwab Fundamental U.S. Large Company Index ETF by 262.2% during the 4th quarter. Johnson Financial Group Inc. now owns 536 shares of the company’s stock valued at $33,000 after buying an additional 388 shares in the last quarter.

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

Schwab Fundamental U.S. Large Company Index ETF stock traded down $0.01 during trading hours on Thursday, hitting $67.92. 407,218 shares of the stock traded hands, compared to its average volume of 472,141. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $53.32 and a 1 year high of $70.06. The stock has a market capitalization of $15.55 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The firm’s 50 day moving average price is $67.28 and its 200-day moving average price is $65.48.

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.