Avidian Wealth Enterprises LLC Lowers Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Avidian Wealth Enterprises LLC lowered its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 9.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 186,558 shares of the company’s stock after selling 19,779 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,578,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Woodside Wealth Management LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF during the first quarter valued at $25,000. Bridge Generations Wealth Management LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 171.2% during the first quarter. Bridge Generations Wealth Management LLC now owns 1,169 shares of the company’s stock valued at $28,000 after acquiring an additional 738 shares in the last quarter. Key Financial Inc increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 79.5% during the first quarter. Key Financial Inc now owns 1,346 shares of the company’s stock valued at $32,000 after acquiring an additional 596 shares in the last quarter. Dagco Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter valued at $33,000. Finally, Salomon & Ludwin LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 142.2% during the second quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock valued at $45,000 after acquiring an additional 1,062 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA:FNDX opened at $26.49 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $26.66. The business has a fifty day moving average price of $25.96 and a 200-day moving average price of $24.53. The company has a market capitalization of $20.87 billion, a PE ratio of 17.86 and a beta of 1.00.

Schwab Fundamental U.S. Large Company 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.