American Trust Invests $10.22 Million in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

American Trust acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 152,559 shares of the company’s stock, valued at approximately $10,218,000. Schwab Fundamental U.S. Large Company Index ETF makes up about 0.8% of American Trust’s investment portfolio, making the stock its 20th biggest holding. American Trust owned approximately 0.07% of Schwab Fundamental U.S. Large Company Index ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 276.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 391 shares of the company’s stock worth $26,000 after buying an additional 287 shares during the period. Able Wealth Management LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at about $28,000. Palisade Asset Management LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the first quarter valued at approximately $30,000. Triad Wealth Partners LLC bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 2nd quarter worth approximately $41,000. Finally, Sound Income Strategies LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 232.1% during the 1st quarter. Sound Income Strategies LLC now owns 651 shares of the company’s stock valued at $44,000 after purchasing an additional 455 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Performance

Shares of FNDX opened at $71.38 on Wednesday. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $53.32 and a 52-week high of $71.90. The company has a market cap of $16.35 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock has a fifty day moving average price of $69.30 and a two-hundred day moving average price of $67.51.

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.