Woodmont Investment Counsel LLC Invests $219,000 in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Woodmont Investment Counsel LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,267 shares of the company’s stock, valued at approximately $219,000.

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings 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 worth $9,309,803,000 after acquiring an additional 262,526,108 shares in the last quarter. McAdam LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after purchasing an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the fourth quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after purchasing an additional 3,993,372 shares during the last quarter. Glassman Wealth Services grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.8% in the 4th 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 in the last quarter. Finally, Callan Capital LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 205.3% in the 4th quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock worth $88,107,000 after buying an additional 2,502,026 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 1.4 %

Shares of NYSEARCA FNDX opened at $23.99 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.25 and a 12-month high of $25.17. The firm’s 50-day moving average price is $24.30 and its 200-day moving average price is $24.14. The stock has a market capitalization of $17.59 billion, a price-to-earnings ratio of 18.62 and a beta of 1.00.

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.