Clarkston Capital Partners LLC Boosts Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Clarkston Capital Partners LLC grew its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 119.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 474,710 shares of the company’s stock after buying an additional 258,201 shares during the period. Clarkston Capital Partners LLC owned 0.06% of Schwab Fundamental U.S. Large Company ETF worth $12,917,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FNDX. Capital Investment Advisory Services LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after purchasing an additional 615 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth $39,000. RHL Group LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth $41,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth $42,000. Finally, Fifth Third Bancorp purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter worth $44,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of Schwab Fundamental U.S. Large Company ETF stock opened at $31.30 on Friday. The firm has a fifty day moving average price of $30.00 and a 200 day moving average price of $28.69. Schwab Fundamental U.S. Large Company ETF has a 1 year low of $23.89 and a 1 year high of $31.38. The stock has a market cap of $26.96 billion, a PE ratio of 17.86 and a beta of 0.87.

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.