Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Sold by Strata Wealth Advisors LLC

Strata Wealth Advisors LLC lessened its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 0.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 197,697 shares of the company’s stock after selling 307 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 4.6% of Strata Wealth Advisors LLC’s holdings, making the stock its 5th biggest holding. Strata Wealth Advisors LLC owned approximately 0.09% of Schwab Fundamental U.S. Large Company Index ETF worth $13,242,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Charles Schwab Investment Advisory Inc. raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.9% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 127,923,658 shares of the company’s stock valued at $8,620,775,000 after buying an additional 2,406,870 shares during the period. Captrust Financial Advisors boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.3% in the first quarter. Captrust Financial Advisors now owns 3,019,066 shares of the company’s stock worth $203,455,000 after buying an additional 204,998 shares during the period. McAdam LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 6.4% in the second quarter. McAdam LLC now owns 2,750,884 shares of the company’s stock valued at $184,254,000 after acquiring an additional 165,901 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.3% during the second quarter. Signature Estate & Investment Advisors LLC now owns 2,694,681 shares of the company’s stock valued at $180,490,000 after purchasing an additional 33,748 shares during the period. Finally, Northwest Bancshares Inc. boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.0% in the first quarter. Northwest Bancshares Inc. now owns 2,084,640 shares of the company’s stock valued at $140,484,000 after purchasing an additional 40,927 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Performance

Shares of NYSEARCA FNDX opened at $71.53 on Tuesday. The firm has a market cap of $16.38 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 1 year low of $53.32 and a 1 year high of $71.66. The stock’s 50-day simple moving average is $69.08 and its 200-day simple moving average is $67.31.

About Schwab Fundamental U.S. Large Company Index 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.