Schwab Fundamental U.S. Large Company ETF $FNDX is Gemmer Asset Management LLC’s 3rd Largest Position

Gemmer Asset Management LLC raised its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 1.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,658,567 shares of the company’s stock after acquiring an additional 39,561 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up approximately 5.7% of Gemmer Asset Management LLC’s portfolio, making the stock its 3rd biggest position. Gemmer Asset Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $69,920,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Paladin Advisory Group LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the second quarter valued at approximately $25,000. Mid American Wealth Advisory Group Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 2nd quarter valued at approximately $37,000. Salomon & Ludwin LLC grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 142.2% in the second quarter. Salomon & Ludwin LLC now owns 1,809 shares of the company’s stock worth $45,000 after acquiring an additional 1,062 shares in the last quarter. Graney & King LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 1,598.3% during the first quarter. Graney & King LLC now owns 2,021 shares of the company’s stock worth $48,000 after acquiring an additional 1,902 shares during the period. Finally, Berkshire Money Management Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the second quarter valued at $52,000.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.4%

NYSEARCA:FNDX opened at $27.46 on Thursday. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $27.57. The firm has a market cap of $21.75 billion, a PE ratio of 17.86 and a beta of 0.93. The stock has a fifty day moving average price of $26.82 and a 200 day moving average price of $25.82.

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.