Baker Ellis Asset Management LLC Buys 5,184 Shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Baker Ellis Asset Management LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 2.8% in the 1st quarter, HoldingsChannel reports. The firm owned 188,421 shares of the company’s stock after purchasing an additional 5,184 shares during the period. Baker Ellis Asset Management LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $4,449,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. increased its stake in Schwab Fundamental U.S. Large Company ETF by 201.0% in the fourth 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. Captrust Financial Advisors lifted its position in Schwab Fundamental U.S. Large Company ETF by 221.9% in the 4th quarter. Captrust Financial Advisors now owns 14,941,376 shares of the company’s stock worth $353,819,000 after buying an additional 10,300,064 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its position in Schwab Fundamental U.S. Large Company ETF by 225.0% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock worth $246,015,000 after buying an additional 7,192,613 shares during the last quarter. Steele Capital Management Inc. boosted its stake in Schwab Fundamental U.S. Large Company ETF by 201.1% in the fourth quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock worth $141,589,000 after buying an additional 3,993,372 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in Schwab Fundamental U.S. Large Company ETF by 152.3% during the fourth quarter. Ameriprise Financial Inc. now owns 5,885,606 shares of the company’s stock valued at $139,370,000 after acquiring an additional 3,552,950 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

FNDX stock opened at $24.19 on Wednesday. The company has a market capitalization of $18.23 billion, a PE ratio of 18.51 and a beta of 0.94. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $25.17. The company’s 50 day moving average price is $22.93 and its two-hundred day moving average price is $23.77.

Schwab Fundamental U.S. Large Company ETF 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.