Gemmer Asset Management LLC Increases Stock Holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Gemmer Asset Management LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,546,334 shares of the company’s stock after acquiring an additional 72,455 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up about 6.0% of Gemmer Asset Management LLC’s portfolio, making the stock its 3rd biggest position. Gemmer Asset Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $60,119,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. IAG Wealth Partners LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 200.0% during the 4th quarter. IAG Wealth Partners LLC now owns 1,110 shares of the company’s stock valued at $26,000 after acquiring an additional 740 shares in the last quarter. WealthShield Partners LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 201.1% during the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after acquiring an additional 895 shares in the last quarter. Oarsman Capital Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth $32,000. Pinney & Scofield Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth $33,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth $35,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $23.98 on Friday. The stock has a market capitalization of $17.98 billion, a price-to-earnings ratio of 17.98 and a beta of 0.95. Schwab Fundamental U.S. Large Company ETF has a 1-year low of $20.41 and a 1-year high of $25.17. The business has a fifty day moving average price of $22.90 and a 200-day moving average price of $23.78.

About Schwab Fundamental U.S. Large Company 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.