Schwab Fundamental U.S. Large Company ETF $FNDX is Magnolia Private Wealth LLC’s 7th Largest Position

Magnolia Private Wealth LLC lowered its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 10.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 200,991 shares of the company’s stock after selling 22,636 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up about 3.3% of Magnolia Private Wealth LLC’s portfolio, making the stock its 7th biggest position. Magnolia Private Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $5,286,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FNDX. Atlantic Union Bankshares Corp increased its holdings in Schwab Fundamental U.S. Large Company ETF by 6.5% during the third quarter. Atlantic Union Bankshares Corp now owns 6,724 shares of the company’s stock valued at $177,000 after buying an additional 412 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.1% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 20,597 shares of the company’s stock worth $542,000 after buying an additional 420 shares during the last quarter. Valley National Advisers Inc. lifted its position in Schwab Fundamental U.S. Large Company ETF by 0.9% during the 3rd quarter. Valley National Advisers Inc. now owns 50,998 shares of the company’s stock worth $1,341,000 after acquiring an additional 474 shares during the period. Nabity Jensen Investment Management Inc raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.5% during the third quarter. Nabity Jensen Investment Management Inc now owns 36,025 shares of the company’s stock worth $947,000 after purchasing an additional 518 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in Schwab Fundamental U.S. Large Company ETF by 2.0% during the 2nd 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 purchasing an additional 546 shares during the period.

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

Schwab Fundamental U.S. Large Company ETF stock opened at $29.06 on Wednesday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $29.19. The business’s 50-day moving average price is $27.85 and its 200 day moving average price is $26.68. The firm has a market cap of $24.08 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93.

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.