Tanglewood Wealth Management Inc. Sells 7,581 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Tanglewood Wealth Management Inc. cut its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 0.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,226,154 shares of the company’s stock after selling 7,581 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up approximately 3.0% of Tanglewood Wealth Management Inc.’s holdings, making the stock its 11th biggest holding. Tanglewood Wealth Management Inc. owned about 0.16% of Schwab Fundamental U.S. Large Company ETF worth $30,090,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Townsend Asset Management Corp NC ADV increased its holdings in Schwab Fundamental U.S. Large Company ETF by 1.2% in the second quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock valued at $898,000 after buying an additional 436 shares in the last quarter. Archvest Wealth Advisors Inc. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 1.6% in the first quarter. Archvest Wealth Advisors Inc. now owns 29,063 shares of the company’s stock valued at $686,000 after buying an additional 455 shares in the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI increased its holdings in Schwab Fundamental U.S. Large Company ETF by 3.2% in the first quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 15,045 shares of the company’s stock valued at $355,000 after buying an additional 460 shares in the last quarter. Financial Synergies Wealth Advisors Inc. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 0.8% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 56,968 shares of the company’s stock valued at $1,345,000 after buying an additional 466 shares in the last quarter. Finally, Mather Group LLC. increased its holdings in Schwab Fundamental U.S. Large Company ETF by 2.9% in the second quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock valued at $409,000 after buying an additional 468 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX opened at $26.52 on Friday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $26.66. The company has a fifty day moving average of $25.64 and a two-hundred day moving average of $24.30. The stock has a market capitalization of $20.63 billion, a price-to-earnings ratio of 17.86 and a beta of 1.00.

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.