Northland Capital Management LLC Acquires 69,913 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Northland Capital Management LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 14.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 556,706 shares of the company’s stock after purchasing an additional 69,913 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up approximately 8.6% of Northland Capital Management LLC’s portfolio, making the stock its 4th biggest holding. Northland Capital Management LLC owned approximately 0.07% of Schwab Fundamental U.S. Large Company ETF worth $14,641,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Townsend Asset Management Corp NC ADV lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 1.2% during the 2nd quarter. Townsend Asset Management Corp NC ADV now owns 36,611 shares of the company’s stock valued at $898,000 after acquiring an additional 436 shares in the last quarter. Mather Group LLC. grew its holdings in Schwab Fundamental U.S. Large Company ETF by 2.9% during the 2nd quarter. Mather Group LLC. now owns 16,680 shares of the company’s stock valued at $409,000 after purchasing an additional 468 shares in the last quarter. Valley National Advisers Inc. boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 0.9% in the third quarter. Valley National Advisers Inc. now owns 50,998 shares of the company’s stock valued at $1,341,000 after purchasing an additional 474 shares during the last quarter. Nabity Jensen Investment Management Inc raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 1.5% in the 3rd quarter. Nabity Jensen Investment Management Inc now owns 36,025 shares of the company’s stock valued at $947,000 after purchasing an additional 518 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in Schwab Fundamental U.S. Large Company ETF by 2.0% during the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 27,365 shares of the company’s stock worth $672,000 after acquiring an additional 546 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX stock opened at $28.18 on Tuesday. The stock has a market capitalization of $23.12 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $28.36. The company’s 50-day simple moving average is $27.27 and its 200-day simple moving average is $26.27.

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.