Cerity Partners LLC Sells 33,442 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Cerity Partners LLC lessened its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 558,014 shares of the company’s stock after selling 33,442 shares during the period. Cerity Partners LLC owned about 0.07% of Schwab Fundamental U.S. Large Company ETF worth $13,694,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its holdings 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 period. Boulay Financial Advisors LLC increased its stake 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 valued at $195,005,000 after buying an additional 2,266,989 shares during the period. McAdam LLC increased its stake 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 valued at $202,901,000 after buying an additional 182,584 shares during the period. Signature Estate & Investment Advisors LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.5% in the second quarter. Signature Estate & Investment Advisors LLC now owns 7,821,721 shares of the company’s stock valued at $191,945,000 after acquiring an additional 404,499 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 31.9% in the first quarter. Ameriprise Financial Inc. now owns 7,764,205 shares of the company’s stock worth $183,321,000 after acquiring an additional 1,878,599 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $27.15 on Wednesday. The stock has a market cap of $21.51 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. The firm’s 50-day moving average is $26.60 and its two-hundred day moving average is $25.56. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $27.45.

Schwab Fundamental U.S. Large Company ETF Profile

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.