Northland Capital Management LLC Has $10.57 Million Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Northland Capital Management LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 199.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 446,423 shares of the company’s stock after purchasing an additional 297,387 shares during the period. Schwab Fundamental U.S. Large Company Index ETF accounts for approximately 7.8% of Northland Capital Management LLC’s holdings, making the stock its 5th largest holding. Northland Capital Management LLC owned about 0.19% of Schwab Fundamental U.S. Large Company Index ETF worth $10,571,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Bruce G. Allen Investments LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 0.3% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 112,897 shares of the company’s stock worth $8,101,000 after buying an additional 288 shares during the period. Castleview Partners LLC acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at $32,000. Howe & Rusling Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.0% during the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after buying an additional 468 shares during the period. Etfidea LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the third quarter. Etfidea LLC now owns 44,019 shares of the company’s stock valued at $3,159,000 after purchasing an additional 473 shares during the last quarter. Finally, Godsey & Gibb Inc. increased its position in Schwab Fundamental U.S. Large Company Index ETF by 28.6% during the 3rd quarter. Godsey & Gibb Inc. now owns 2,303 shares of the company’s stock worth $165,000 after buying an additional 512 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.1 %

Shares of NYSEARCA:FNDX opened at $24.68 on Monday. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $20.72 and a 12-month high of $25.17. The company’s 50 day moving average price is $24.29 and its two-hundred day moving average price is $23.75. The firm has a market cap of $5.65 billion, a PE ratio of 17.79 and a beta of 0.84.

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.