KLCM Advisors Inc. Takes $764,000 Position in Schwab Fundamental U.S. Large Company ETF $FNDX

KLCM Advisors Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) during the fourth quarter, HoldingsChannel reports. The firm bought 28,072 shares of the company’s stock, valued at approximately $764,000.

A number of other hedge funds have also recently modified their holdings of the business. Captrust Financial Advisors boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 4.4% during the 3rd quarter. Captrust Financial Advisors now owns 17,023,084 shares of the company’s stock valued at $447,707,000 after buying an additional 718,789 shares in the last quarter. McAdam LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.8% during the 3rd quarter. McAdam LLC now owns 8,751,118 shares of the company’s stock valued at $230,154,000 after buying an additional 482,945 shares in the last quarter. Keybank National Association OH boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% during the 4th quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock valued at $225,618,000 after buying an additional 8,266,612 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 4.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock valued at $199,151,000 after buying an additional 349,667 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC boosted its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 0.7% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 7,877,150 shares of the company’s stock valued at $207,169,000 after buying an additional 55,429 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.1%

Shares of FNDX stock opened at $30.41 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $23.18 and a 12 month high of $30.51. The stock has a market cap of $26.19 billion, a PE ratio of 17.86 and a beta of 0.88. The company’s fifty day moving average price is $28.71 and its 200-day moving average price is $27.99.

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.