Corient Private Wealth LLC Decreases Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Corient Private Wealth LLC cut its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 3.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 909,850 shares of the company’s stock after selling 30,423 shares during the quarter. Corient Private Wealth LLC owned approximately 0.12% of Schwab Fundamental U.S. Large Company ETF worth $22,328,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNDX. Charles Schwab Investment Management Inc. raised its holdings in Schwab Fundamental U.S. Large Company ETF by 3.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock valued at $9,871,112,000 after acquiring an additional 12,903,364 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.0% in the 2nd quarter. Captrust Financial Advisors now owns 16,304,295 shares of the company’s stock valued at $400,106,000 after purchasing an additional 771,493 shares during the last quarter. Boulay Financial Advisors LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 36.1% in the second quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock valued at $195,005,000 after buying an additional 2,266,989 shares during the last quarter. McAdam LLC boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.3% during the 2nd quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock worth $202,901,000 after purchasing an additional 182,584 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of 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 worth $199,151,000 after buying an additional 349,667 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Performance

NYSEARCA FNDX opened at $27.01 on Thursday. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $27.57. The firm has a 50 day simple moving average of $26.70 and a 200-day simple moving average of $25.70. The firm has a market cap of $21.39 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93.

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.