Ironwood Investment Counsel LLC Boosts Stake in Schwab Fundamental U.S. Large Company ETF $FNDX

Ironwood Investment Counsel LLC raised its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 476,933 shares of the company’s stock after acquiring an additional 23,454 shares during the quarter. Schwab Fundamental U.S. Large Company ETF comprises 1.8% of Ironwood Investment Counsel LLC’s holdings, making the stock its 9th biggest holding. Ironwood Investment Counsel LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $12,543,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FNDX. Charles Schwab Investment Management Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 3.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock worth $9,871,112,000 after acquiring an additional 12,903,364 shares during the period. Captrust Financial Advisors lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 5.0% during the second quarter. Captrust Financial Advisors now owns 16,304,295 shares of the company’s stock valued at $400,106,000 after purchasing an additional 771,493 shares during the last quarter. Boulay Financial Advisors LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 2.9% during the third quarter. Boulay Financial Advisors LLC now owns 8,772,604 shares of the company’s stock valued at $230,719,000 after purchasing an additional 243,340 shares during the last quarter. McAdam LLC boosted its position in Schwab Fundamental U.S. Large Company ETF by 5.8% during the third quarter. McAdam LLC now owns 8,751,118 shares of the company’s stock worth $230,154,000 after purchasing an additional 482,945 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 4.5% in the second quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock worth $199,151,000 after purchasing an additional 349,667 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Up 1.8%

NYSEARCA FNDX opened at $29.14 on Friday. The firm has a market cap of $24.15 billion, a P/E ratio of 17.86 and a beta of 0.93. The company’s 50 day moving average is $27.78 and its 200-day moving average is $26.60. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $29.19.

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.