True North Advisors LLC Raises Position in Schwab Fundamental U.S. Large Company ETF $FNDX

True North Advisors LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 9.7% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 142,741 shares of the company’s stock after acquiring an additional 12,577 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up approximately 0.7% of True North Advisors LLC’s holdings, making the stock its 29th largest holding. True North Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,503,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. BOS Asset Management LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the second quarter valued at approximately $206,000. Novem Group boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.9% during the 2nd quarter. Novem Group now owns 113,080 shares of the company’s stock valued at $2,775,000 after buying an additional 6,330 shares in the last quarter. Cambridge Advisors Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 0.7% during the 2nd quarter. Cambridge Advisors Inc. now owns 130,413 shares of the company’s stock valued at $3,200,000 after buying an additional 907 shares in the last quarter. McAdam LLC grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.3% in the 2nd quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock worth $202,901,000 after buying an additional 182,584 shares during the period. Finally, Signal Tree Financial Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 2nd quarter worth about $2,410,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of NYSEARCA FNDX opened at $26.11 on Friday. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $20.41 and a 1 year high of $26.51. The firm has a 50-day moving average of $25.47 and a 200 day moving average of $24.18. The stock has a market cap of $19.84 billion, a P/E ratio of 17.86 and a beta of 1.00.

Schwab Fundamental U.S. Large Company ETF Company 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.