White Pine Investment CO Purchases New Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

White Pine Investment CO purchased a new stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 619,801 shares of the company’s stock, valued at approximately $19,505,000. Schwab Fundamental U.S. Large Company ETF makes up 3.8% of White Pine Investment CO’s holdings, making the stock its 4th biggest holding. White Pine Investment CO owned 0.07% of Schwab Fundamental U.S. Large Company ETF as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Keenan LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth $27,000. Ascentis Independent Advisors acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth $28,000. Valued Wealth Advisors LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth $30,000. Signature Resources Capital Management LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 161.1% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,316 shares of the company’s stock valued at $37,000 after purchasing an additional 812 shares in the last quarter. Finally, Hanson & Doremus Investment Management purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at about $45,000.

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

Shares of NYSEARCA FNDX opened at $32.58 on Friday. The firm has a 50-day moving average price of $32.28 and a 200 day moving average price of $31.14. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $25.87 and a 52 week high of $32.85. The stock has a market capitalization of $28.16 billion, a price-to-earnings ratio of 17.86 and a beta of 0.88.

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.