Strata Wealth Advisors LLC Has $14.96 Million Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Strata Wealth Advisors LLC trimmed its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 12.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 568,853 shares of the company’s stock after selling 80,818 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises about 3.9% of Strata Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Strata Wealth Advisors LLC owned approximately 0.07% of Schwab Fundamental U.S. Large Company ETF worth $14,961,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 3.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock worth $9,871,112,000 after purchasing an additional 12,903,364 shares in the last quarter. AlphaCore Capital LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 24,845.4% in the second quarter. AlphaCore Capital LLC now owns 3,396,569 shares of the company’s stock valued at $83,352,000 after buying an additional 3,382,953 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 67.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,394,055 shares of the company’s stock valued at $156,910,000 after buying an additional 2,585,828 shares during the period. Berman McAleer LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the third quarter worth approximately $25,914,000. Finally, Corient Private Wealth LLC increased its stake in Schwab Fundamental U.S. Large Company ETF by 93.6% during the 2nd quarter. Corient Private Wealth LLC now owns 1,819,924 shares of the company’s stock worth $44,661,000 after acquiring an additional 879,651 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA FNDX opened at $28.95 on Wednesday. The business has a fifty day moving average price of $28.18 and a two-hundred day moving average price of $26.98. The stock has a market capitalization of $23.99 billion, a PE ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $29.37.

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.