Cutler Investment Counsel LLC Acquires 41,058 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Cutler Investment Counsel LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 117.7% during the first quarter, HoldingsChannel reports. The firm owned 75,944 shares of the company’s stock after acquiring an additional 41,058 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $2,115,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Keenan LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at approximately $27,000. Resources Management Corp CT ADV acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $28,000. Valued Wealth Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the first quarter worth $30,000. Finally, Capital Investment Advisory Services LLC increased its position 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 acquiring an additional 615 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.4%

Shares of NYSEARCA:FNDX opened at $31.33 on Tuesday. The firm has a market cap of $26.28 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $24.27 and a 12 month high of $31.72. The company’s fifty day simple moving average is $31.01 and its 200 day simple moving average is $29.44.

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.