American Trust Takes Position in Schwab Fundamental U.S. Large Company ETF $FNDX

American Trust bought a new position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 479,917 shares of the company’s stock, valued at approximately $11,777,000. Schwab Fundamental U.S. Large Company ETF makes up about 1.1% of American Trust’s holdings, making the stock its 14th largest holding. American Trust owned about 0.06% of Schwab Fundamental U.S. Large Company ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its stake in Schwab Fundamental U.S. Large Company ETF by 3.3% during the second quarter. Charles Schwab Investment Management Inc. now owns 402,245,815 shares of the company’s stock worth $9,871,112,000 after buying an additional 12,903,364 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 5.0% in the second quarter. Captrust Financial Advisors now owns 16,304,295 shares of the company’s stock valued at $400,106,000 after purchasing an additional 771,493 shares in the last quarter. Boulay Financial Advisors LLC raised its position in Schwab Fundamental U.S. Large Company ETF by 36.1% in the 2nd quarter. Boulay Financial Advisors LLC now owns 8,538,518 shares of the company’s stock worth $195,005,000 after purchasing an additional 2,266,989 shares during the last quarter. McAdam LLC lifted its holdings in Schwab Fundamental U.S. Large Company ETF by 2.3% during the 2nd quarter. McAdam LLC now owns 8,268,173 shares of the company’s stock worth $202,901,000 after buying an additional 182,584 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 4.5% during the second quarter. Ameriprise Financial Inc. now owns 8,113,872 shares of the company’s stock valued at $199,151,000 after acquiring an additional 349,667 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Down 0.6%

Shares of FNDX stock opened at $27.36 on Monday. The stock has a 50-day moving average price of $26.65 and a 200 day moving average price of $25.64. The firm has a market cap of $21.67 billion, a price-to-earnings ratio of 17.86 and a beta of 0.93. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $20.41 and a 12 month high of $27.57.

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.