Corient Private Wealth LLC Acquires 668,599 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Corient Private Wealth LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.2% in the fourth quarter, HoldingsChannel reports. The fund owned 1,000,964 shares of the company’s stock after purchasing an additional 668,599 shares during the period. Corient Private Wealth LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $23,703,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MAI Capital Management grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.0% in the third quarter. MAI Capital Management now owns 105,503 shares of the company’s stock worth $7,571,000 after purchasing an additional 1,046 shares during the last quarter. Prospera Financial Services Inc lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 9.3% during the 3rd quarter. Prospera Financial Services Inc now owns 34,170 shares of the company’s stock valued at $2,452,000 after acquiring an additional 2,916 shares during the period. Lowery Thomas LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the 3rd quarter. Lowery Thomas LLC now owns 116,638 shares of the company’s stock worth $8,370,000 after purchasing an additional 7,865 shares in the last quarter. Howe & Rusling Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the third quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after acquiring an additional 468 shares during the last quarter. Finally, Etfidea LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 1.1% during the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after purchasing an additional 473 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.5 %

Shares of NYSEARCA FNDX opened at $23.60 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.25 and a twelve month high of $25.17. The company has a 50 day moving average of $24.29 and a 200 day moving average of $24.13. The firm has a market cap of $17.37 billion, a P/E ratio of 19.51 and a beta of 1.00.

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.