Johnson Investment Counsel Inc. Increases Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Johnson Investment Counsel Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 211.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,903 shares of the company’s stock after buying an additional 17,593 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $613,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after acquiring an additional 262,526,108 shares during the last quarter. McAdam LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after acquiring an additional 6,193,223 shares during the last quarter. Steele Capital Management Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after acquiring an additional 3,993,372 shares during the last quarter. Captrust Financial Advisors lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock worth $333,059,000 after buying an additional 313,382 shares during the last quarter. Finally, Glassman Wealth Services lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 200.8% in the fourth quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock worth $106,910,000 after buying an additional 3,014,069 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.3 %

Shares of FNDX opened at $23.23 on Thursday. The company has a market cap of $17.10 billion, a PE ratio of 19.51 and a beta of 1.00. The business has a fifty day moving average of $24.32 and a 200 day moving average of $24.13. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $21.25 and a 52-week high of $25.17.

About Schwab Fundamental U.S. Large Company Index 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.