Schwab Fundamental U.S. Large Company ETF $FNDX Stock Position Cut by Magnolia Private Wealth LLC

Magnolia Private Wealth LLC cut its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 10.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 180,803 shares of the company’s stock after selling 20,188 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises about 3.4% of Magnolia Private Wealth LLC’s holdings, making the stock its 7th biggest holding. Magnolia Private Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,920,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Financial Strategies LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 1.1% in the fourth quarter. Legacy Financial Strategies LLC now owns 36,795 shares of the company’s stock worth $1,001,000 after buying an additional 385 shares during the period. Midland Wealth Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 0.6% during the 3rd quarter. Midland Wealth Advisors LLC now owns 66,619 shares of the company’s stock worth $1,752,000 after acquiring an additional 397 shares during the period. Godsey & Gibb Inc. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 6.2% in the 4th quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock worth $185,000 after acquiring an additional 399 shares in the last quarter. Assetmark Inc. raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.7% in the 4th quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock worth $420,000 after acquiring an additional 408 shares in the last quarter. Finally, Atlantic Union Bankshares Corp lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6.5% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 6,724 shares of the company’s stock valued at $177,000 after purchasing an additional 412 shares during the period.

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

NYSEARCA FNDX opened at $30.58 on Friday. The firm has a market capitalization of $26.34 billion, a PE ratio of 17.86 and a beta of 0.88. The stock’s 50 day moving average is $29.00 and its 200 day moving average is $28.20. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $23.18 and a twelve month high of $30.68.

Schwab Fundamental U.S. Large Company ETF Company 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.