Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC lifted its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 217.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 347,584 shares of the company’s stock after acquiring an additional 238,197 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for approximately 1.4% of Ironwood Investment Counsel LLC’s investment portfolio, making the stock its 13th biggest holding. Ironwood Investment Counsel LLC owned about 0.15% of Schwab Fundamental U.S. Large Company Index ETF worth $8,231,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brookstone Capital Management grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the 4th quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock valued at $460,000 after purchasing an additional 12,884 shares during the last quarter. Destination Wealth Management acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth about $209,000. Blue Trust Inc. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 12,276.7% in the fourth quarter. Blue Trust Inc. now owns 5,322 shares of the company’s stock valued at $126,000 after buying an additional 5,279 shares during the last quarter. Peapack Gladstone Financial Corp raised its position in Schwab Fundamental U.S. Large Company Index ETF by 2.8% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock worth $6,585,000 after buying an additional 2,490 shares during the last quarter. Finally, Stifel Financial Corp increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 38.1% in the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after acquiring an additional 2,834 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.9 %

NYSEARCA FNDX opened at $23.03 on Friday. The stock has a market capitalization of $16.95 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00. The stock has a 50-day moving average of $24.31 and a 200 day moving average of $24.12. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.25 and a twelve month high of $25.17.

About Schwab Fundamental U.S. Large Company Index 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.