Washington Trust Advisors Inc. Decreases Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Washington Trust Advisors Inc. lowered its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 757,846 shares of the company’s stock after selling 21,782 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for 1.5% of Washington Trust Advisors Inc.’s portfolio, making the stock its 18th biggest position. Washington Trust Advisors Inc. owned 0.10% of Schwab Fundamental U.S. Large Company ETF worth $19,931,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised 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 valued at $9,871,112,000 after buying an additional 12,903,364 shares during the last quarter. Captrust Financial Advisors increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 5.0% in the second quarter. Captrust Financial Advisors now owns 16,304,295 shares of the company’s stock valued at $400,106,000 after acquiring an additional 771,493 shares during the period. Boulay Financial Advisors LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the third quarter. Boulay Financial Advisors LLC now owns 8,772,604 shares of the company’s stock valued at $230,719,000 after acquiring an additional 243,340 shares during the last quarter. McAdam LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.8% during the third quarter. McAdam LLC now owns 8,751,118 shares of the company’s stock worth $230,154,000 after purchasing an additional 482,945 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 4.5% in the second quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock worth $199,151,000 after purchasing an additional 349,667 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.5%

NYSEARCA FNDX opened at $29.07 on Monday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $20.41 and a twelve month high of $29.37. The stock’s 50 day moving average is $28.12 and its 200 day moving average is $26.92. The firm has a market capitalization of $24.09 billion, a PE ratio of 17.86 and a beta of 0.93.

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.