Schwab Fundamental U.S. Large Company ETF $FNDX Stake Raised by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC increased its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 20.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 453,479 shares of the company’s stock after purchasing an additional 76,613 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises about 1.7% of Ironwood Investment Counsel LLC’s portfolio, making the stock its 11th biggest holding. Ironwood Investment Counsel LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $11,128,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Assetmark Inc. boosted its position in Schwab Fundamental U.S. Large Company ETF by 269.0% during the 2nd quarter. Assetmark Inc. now owns 15,350 shares of the company’s stock worth $377,000 after acquiring an additional 11,190 shares during the period. Allworth Financial LP increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 12.5% during the second quarter. Allworth Financial LP now owns 173,319 shares of the company’s stock valued at $4,253,000 after purchasing an additional 19,215 shares during the period. Aufman Associates Inc raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 627.9% during the first quarter. Aufman Associates Inc now owns 96,175 shares of the company’s stock valued at $2,271,000 after purchasing an additional 82,962 shares in the last quarter. Advisors Capital Management LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 5.8% during the first quarter. Advisors Capital Management LLC now owns 13,746 shares of the company’s stock valued at $325,000 after purchasing an additional 759 shares in the last quarter. Finally, AE Wealth Management LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 7.0% in the second quarter. AE Wealth Management LLC now owns 168,377 shares of the company’s stock worth $4,132,000 after purchasing an additional 11,004 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.7%

Shares of FNDX opened at $26.87 on Wednesday. The firm has a market capitalization of $21.28 billion, a PE ratio of 17.86 and a beta of 0.93. The firm has a 50-day moving average price of $26.31 and a 200 day moving average price of $25.07. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $20.41 and a 52-week high of $26.97.

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.