Oak Wealth Advisors LLC Reduces Position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Oak Wealth Advisors LLC lowered its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 7.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,794 shares of the company’s stock after selling 772 shares during the period. Oak Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $231,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of FNDX. Charles Schwab Investment Management Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after buying an additional 262,526,108 shares during the last quarter. Captrust Financial Advisors raised its holdings in Schwab Fundamental U.S. Large Company ETF by 221.9% in the fourth quarter. Captrust Financial Advisors now owns 14,941,376 shares of the company’s stock valued at $353,819,000 after acquiring an additional 10,300,064 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its stake in Schwab Fundamental U.S. Large Company ETF by 225.0% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock valued at $246,015,000 after acquiring an additional 7,192,613 shares during the last quarter. Steele Capital Management Inc. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 1.3% during the 1st quarter. Steele Capital Management Inc. now owns 6,054,706 shares of the company’s stock worth $142,952,000 after acquiring an additional 75,461 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 152.3% in the 4th quarter. Ameriprise Financial Inc. now owns 5,885,606 shares of the company’s stock worth $139,370,000 after purchasing an additional 3,552,950 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $24.16 on Thursday. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $25.17. The firm’s 50-day simple moving average is $23.45 and its 200-day simple moving average is $23.71. The firm has a market cap of $18.21 billion, a PE ratio of 18.51 and a beta of 0.94.

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.