Carnegie Investment Counsel Increases Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

Carnegie Investment Counsel raised its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 82.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,986 shares of the company’s stock after acquiring an additional 52,721 shares during the quarter. Carnegie Investment Counsel’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $3,258,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF during the fourth quarter worth about $719,000. AQR Capital Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company ETF in the first quarter valued at approximately $739,000. Jane Street Group LLC boosted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% in the first quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock valued at $2,090,000 after purchasing an additional 25,267 shares during the period. Baird Financial Group Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 2.5% in the second quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock valued at $661,000 after purchasing an additional 645 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 6,798.4% in the second quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock valued at $418,000 after purchasing an additional 16,792 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX opened at $31.41 on Monday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $24.27 and a fifty-two week high of $31.56. The firm’s 50 day moving average price is $30.87 and its 200 day moving average price is $29.27. The company has a market cap of $26.23 billion, a P/E ratio of 17.86 and a beta of 0.87.

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.