Schaper Benz & Wise Investment Counsel Inc. WI Raises Position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX)

Schaper Benz & Wise Investment Counsel Inc. WI increased its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 3.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,045 shares of the company’s stock after purchasing an additional 460 shares during the quarter. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $355,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. raised its position in Schwab Fundamental U.S. Large Company ETF by 201.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after purchasing an additional 262,526,108 shares during the period. Captrust Financial Advisors increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 221.9% in the fourth quarter. Captrust Financial Advisors now owns 14,941,376 shares of the company’s stock valued at $353,819,000 after acquiring an additional 10,300,064 shares during the period. Signature Estate & Investment Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 225.0% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock valued at $246,015,000 after acquiring an additional 7,192,613 shares during the period. Steele Capital Management Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 1.3% in the first quarter. Steele Capital Management Inc. now owns 6,054,706 shares of the company’s stock valued at $142,952,000 after acquiring an additional 75,461 shares during the period. Finally, Ameriprise Financial Inc. increased its position in shares of Schwab Fundamental U.S. Large Company ETF by 152.3% in the fourth quarter. Ameriprise Financial Inc. now owns 5,885,606 shares of the company’s stock valued at $139,370,000 after acquiring an additional 3,552,950 shares during the period.

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

FNDX stock opened at $24.16 on Tuesday. The firm’s 50-day moving average price is $23.18 and its two-hundred day moving average price is $23.74. Schwab Fundamental U.S. Large Company ETF has a 12-month low of $20.41 and a 12-month high of $25.17. The stock has a market capitalization of $18.21 billion, a price-to-earnings ratio of 18.51 and a beta of 0.94.

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.