Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) is Gemmer Asset Management LLC’s 3rd Largest Position

Gemmer Asset Management LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 213.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,473,879 shares of the company’s stock after buying an additional 1,683,829 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF makes up approximately 5.8% of Gemmer Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Gemmer Asset Management LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $58,581,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 11.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 73,222 shares of the company’s stock worth $4,904,000 after purchasing an additional 7,579 shares during the last quarter. Blair William & Co. IL lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 15.8% during the 2nd quarter. Blair William & Co. IL now owns 7,604 shares of the company’s stock worth $509,000 after acquiring an additional 1,037 shares during the last quarter. Ieq Capital LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 131.7% during the 2nd quarter. Ieq Capital LLC now owns 26,987 shares of the company’s stock valued at $1,808,000 after acquiring an additional 15,341 shares during the period. AE Wealth Management LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 20.0% during the 2nd quarter. AE Wealth Management LLC now owns 37,026 shares of the company’s stock valued at $2,480,000 after acquiring an additional 6,179 shares during the period. Finally, Kowal Investment Group LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 8.2% in the 2nd quarter. Kowal Investment Group LLC now owns 5,087 shares of the company’s stock valued at $341,000 after acquiring an additional 387 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.8 %

NYSEARCA:FNDX opened at $24.37 on Monday. The company has a market cap of $5.58 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.22 and a twelve month high of $25.17. The stock has a fifty day simple moving average of $24.30 and a 200-day simple moving average of $23.68.

Schwab Fundamental U.S. Large Company Index 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.