Wealthspire Advisors LLC Reduces Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Wealthspire Advisors LLC decreased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 19.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 37,354 shares of the company’s stock after selling 9,220 shares during the period. Wealthspire Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $2,314,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pacific Wealth Strategies Group Inc. increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 2.6% during the 4th quarter. Pacific Wealth Strategies Group Inc. now owns 75,523 shares of the company’s stock worth $4,678,000 after buying an additional 1,940 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 18.5% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 40,340 shares of the company’s stock worth $2,499,000 after purchasing an additional 6,294 shares during the last quarter. Foster & Motley Inc. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 4.9% in the 4th quarter. Foster & Motley Inc. now owns 92,326 shares of the company’s stock worth $5,719,000 after purchasing an additional 4,321 shares during the last quarter. Planned Solutions Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth about $21,114,000. Finally, Leavell Investment Management Inc. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 3.0% in the 4th quarter. Leavell Investment Management Inc. now owns 81,830 shares of the company’s stock worth $5,069,000 after purchasing an additional 2,420 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Up 0.1 %

Shares of FNDX traded up $0.07 during midday trading on Wednesday, hitting $65.89. The company had a trading volume of 313,354 shares, compared to its average volume of 518,513. The company’s 50 day moving average price is $65.56 and its 200 day moving average price is $62.19. The stock has a market cap of $15.09 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $53.32 and a 52 week high of $67.52.

Schwab Fundamental U.S. Large Company Index ETF 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.