Cutler Investment Counsel LLC lifted its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX – Free Report) by 117.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 75,944 shares of the company’s stock after purchasing an additional 41,058 shares during the period. Cutler Investment Counsel LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,115,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in FNDX. Charles Schwab Investment Management Inc. lifted its stake in Schwab Fundamental U.S. Large Company ETF by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock valued at $11,249,790,000 after buying an additional 4,241,879 shares during the period. Captrust Financial Advisors increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 25.7% in the 4th quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock valued at $582,113,000 after acquiring an additional 4,370,263 shares during the last quarter. TradeWell Securities LLC. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at approximately $346,153,000. Keybank National Association OH raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 50.2% in the 1st quarter. Keybank National Association OH now owns 12,454,472 shares of the company’s stock valued at $346,857,000 after acquiring an additional 4,162,731 shares during the period. Finally, Boulay Financial Advisors LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF by 4.0% in the 4th quarter. Boulay Financial Advisors LLC now owns 9,126,260 shares of the company’s stock valued at $248,326,000 after acquiring an additional 353,656 shares during the period.
Schwab Fundamental U.S. Large Company ETF Price Performance
Schwab Fundamental U.S. Large Company ETF stock opened at $31.33 on Tuesday. The firm has a market capitalization of $26.28 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. The company’s 50 day simple moving average is $31.01 and its 200 day simple moving average is $29.44. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $24.27 and a fifty-two week high of $31.72.
Schwab Fundamental U.S. Large Company ETF Company 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.
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