Schwab Fundamental U.S. Large Company ETF $FNDX Stake Lowered by Wealthspire Advisors LLC

Wealthspire Advisors LLC cut its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 57.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,502 shares of the company’s stock after selling 127,964 shares during the quarter. Wealthspire Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,344,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of FNDX. Townsend Asset Management Corp NC ADV grew its stake in Schwab Fundamental U.S. Large Company ETF by 1.2% in the second quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock valued at $898,000 after purchasing an additional 436 shares in the last quarter. Mather Group LLC. lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the 2nd quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock valued at $409,000 after buying an additional 468 shares during the last quarter. WealthShield Partners LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 40.4% in the 1st quarter. WealthShield Partners LLC now owns 1,881 shares of the company’s stock valued at $44,000 after buying an additional 541 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its holdings in Schwab Fundamental U.S. Large Company ETF by 2.0% in the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 27,365 shares of the company’s stock worth $672,000 after buying an additional 546 shares during the last quarter. Finally, HRC Wealth Management LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF by 1.8% in the first quarter. HRC Wealth Management LLC now owns 31,554 shares of the company’s stock worth $745,000 after buying an additional 548 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.2%

NYSEARCA FNDX opened at $26.20 on Thursday. The stock has a market capitalization of $20.75 billion, a PE ratio of 17.86 and a beta of 0.93. The company has a 50 day moving average price of $26.39 and a two-hundred day moving average price of $25.20. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $27.01.

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.