Osaic Holdings Inc. Lowers Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

by · The Cerbat Gem

Osaic Holdings Inc. trimmed its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDXFree Report) by 20.5% during the second quarter, HoldingsChannel.com reports. The fund owned 1,867,518 shares of the company’s stock after selling 481,434 shares during the period. Osaic Holdings Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $45,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its position in 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 during the last quarter. Captrust Financial Advisors boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.0% during the second quarter. Captrust Financial Advisors now owns 16,304,295 shares of the company’s stock worth $400,106,000 after buying an additional 771,493 shares during the period. Boulay Financial Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 36.1% during the second quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock worth $195,005,000 after buying an additional 2,266,989 shares during the last quarter. McAdam LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.3% during the second quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock worth $202,901,000 after buying an additional 182,584 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in Schwab Fundamental U.S. Large Company ETF by 4.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock valued at $199,151,000 after acquiring an additional 349,667 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX opened at $27.36 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $20.41 and a 52 week high of $27.57. The business has a 50 day moving average price of $26.67 and a two-hundred day moving average price of $25.67. The company has a market cap of $21.67 billion, a PE ratio of 17.86 and a beta of 0.93.

Schwab Fundamental U.S. Large Company ETF Company Profile

(Free Report)

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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