Silver Oak Securities Incorporated Cuts Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Silver Oak Securities Incorporated cut its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 76.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,596 shares of the company’s stock after selling 11,605 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $223,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FNDX. Commonwealth Equity Services LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 5.5% during the third quarter. Commonwealth Equity Services LLC now owns 324,884 shares of the company’s stock worth $18,184,000 after purchasing an additional 17,000 shares during the last quarter. Raymond James & Associates boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 10.7% in the third quarter. Raymond James & Associates now owns 50,874 shares of the company’s stock valued at $2,847,000 after acquiring an additional 4,935 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 2.2% in the third quarter. Signature Estate & Investment Advisors LLC now owns 2,627,857 shares of the company’s stock valued at $147,082,000 after acquiring an additional 56,325 shares during the last quarter. Access Financial Services Inc. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 3.0% in the third quarter. Access Financial Services Inc. now owns 79,188 shares of the company’s stock valued at $4,432,000 after acquiring an additional 2,334 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 2.6% in the third quarter. Chicago Partners Investment Group LLC now owns 7,301 shares of the company’s stock valued at $398,000 after acquiring an additional 187 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.3 %

FNDX opened at $64.09 on Thursday. The stock has a market cap of $14.55 billion, a price-to-earnings ratio of 17.39 and a beta of 0.86. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $53.32 and a twelve month high of $67.52. The company’s 50-day moving average price is $65.45 and its two-hundred day moving average price is $61.85.

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.