Silver Oak Securities Incorporated Reduces Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Silver Oak Securities Incorporated reduced its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 65.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,405 shares of the company’s stock after selling 16,164 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $234,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Blueprint Investment Partners LLC increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 28.4% in the third quarter. Blueprint Investment Partners LLC now owns 194,577 shares of the company’s stock worth $5,117,000 after purchasing an additional 43,090 shares in the last quarter. Burk Holdings LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter worth about $489,000. Capital Advantage Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company ETF by 48.2% during the 4th quarter. Capital Advantage Inc. now owns 149,125 shares of the company’s stock valued at $4,058,000 after acquiring an additional 48,529 shares during the last quarter. Blair William & Co. IL lifted its position in Schwab Fundamental U.S. Large Company ETF by 164.8% during the third quarter. Blair William & Co. IL now owns 74,293 shares of the company’s stock valued at $1,954,000 after purchasing an additional 46,236 shares during the last quarter. Finally, Foguth Wealth Management LLC. purchased a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $4,500,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX opened at $30.98 on Monday. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $24.27 and a 52-week high of $31.56. The company has a market cap of $26.68 billion, a PE ratio of 17.86 and a beta of 0.87. The business has a fifty day moving average of $30.51 and a 200 day moving average of $28.99.

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.