Cutler Investment Counsel LLC Takes $949,000 Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Cutler Investment Counsel LLC purchased a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 34,886 shares of the company’s stock, valued at approximately $949,000.

Several other large investors also recently modified their holdings of the company. Captrust Financial Advisors lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 4.4% in the third quarter. Captrust Financial Advisors now owns 17,023,084 shares of the company’s stock valued at $447,707,000 after acquiring an additional 718,789 shares during the period. TradeWell Securities LLC. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $346,153,000. Keybank National Association OH increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% during the 4th quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock valued at $225,618,000 after purchasing an additional 8,266,612 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock valued at $199,151,000 after purchasing an additional 349,667 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.9% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 8,028,915 shares of the company’s stock worth $218,467,000 after purchasing an additional 151,765 shares during the period.

Schwab Fundamental U.S. Large Company ETF Trading Up 1.5%

FNDX opened at $31.02 on Friday. The company has a market cap of $26.72 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The company’s 50 day moving average is $29.94 and its 200 day moving average is $28.68. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $23.89 and a 12-month high of $31.29.

About Schwab Fundamental U.S. Large Company ETF

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.