Magnolia Private Wealth LLC decreased its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) by 10.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 180,803 shares of the company’s stock after selling 20,188 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises 3.4% of Magnolia Private Wealth LLC’s portfolio, making the stock its 7th largest holding. Magnolia Private Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,920,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Captrust Financial Advisors boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.4% in the 3rd quarter. Captrust Financial Advisors now owns 17,023,084 shares of the company’s stock worth $447,707,000 after purchasing an additional 718,789 shares in the last quarter. Keybank National Association OH increased its position in Schwab Fundamental U.S. Large Company ETF by 32,896.7% during the 4th quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock valued at $225,618,000 after buying an additional 8,266,612 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Schwab Fundamental U.S. Large Company ETF by 4.5% during the second quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock valued at $199,151,000 after buying an additional 349,667 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company ETF by 0.7% during the third quarter. Signature Estate & Investment Advisors LLC now owns 7,877,150 shares of the company’s stock valued at $207,169,000 after buying an additional 55,429 shares during the last quarter. Finally, Steele Capital Management Inc. boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 1.0% in the fourth quarter. Steele Capital Management Inc. now owns 6,112,690 shares of the company’s stock worth $166,326,000 after acquiring an additional 62,294 shares in the last quarter.
Schwab Fundamental U.S. Large Company ETF Trading Up 0.2%
NYSEARCA FNDX opened at $30.58 on Friday. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $23.18 and a 12 month high of $30.68. The stock’s fifty day moving average price is $29.00 and its 200-day moving average price is $28.20. The stock has a market cap of $26.34 billion, a P/E ratio of 17.86 and a beta of 0.88.
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.
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Want to see what other hedge funds are holding FNDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report).
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