True North Advisors LLC Purchases New Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

True North Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,073,839 shares of the company’s stock, valued at approximately $57,756,000. Schwab Fundamental U.S. Large Company ETF accounts for approximately 6.6% of True North Advisors LLC’s holdings, making the stock its 3rd biggest position. True North Advisors LLC owned about 0.24% of Schwab Fundamental U.S. Large Company ETF at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FNDX. TradeWell Securities LLC. acquired a new position in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at about $346,153,000. Keybank National Association OH boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 32,896.7% during the fourth quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock worth $225,618,000 after buying an additional 8,266,612 shares during the last quarter. Captrust Financial Advisors grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 25.7% during the 4th quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock worth $582,113,000 after buying an additional 4,370,263 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock worth $11,249,790,000 after buying an additional 4,241,879 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 3,064.0% during the 4th quarter. Bank of New York Mellon Corp now owns 2,528,667 shares of the company’s stock worth $68,805,000 after buying an additional 2,448,747 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX stock opened at $31.46 on Friday. The stock has a market cap of $26.36 billion, a PE ratio of 17.86 and a beta of 0.87. The stock has a 50-day moving average of $30.99 and a 200-day moving average of $29.40. Schwab Fundamental U.S. Large Company ETF has a one year low of $24.27 and a one year high of $31.72.

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.