Johnson Bixby & Associates LLC Purchases 546,831 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Johnson Bixby & Associates LLC increased its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 603.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 637,515 shares of the company’s stock after purchasing an additional 546,831 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up about 2.2% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 14th biggest holding. Johnson Bixby & Associates LLC owned approximately 0.07% of Schwab Fundamental U.S. Large Company ETF worth $17,755,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 413,443,221 shares of the company’s stock valued at $11,249,790,000 after acquiring an additional 4,241,879 shares in the last quarter. Captrust Financial Advisors raised its stake in Schwab Fundamental U.S. Large Company ETF by 25.7% in the 4th quarter. Captrust Financial Advisors now owns 21,393,347 shares of the company’s stock worth $582,113,000 after purchasing an additional 4,370,263 shares in the last quarter. TradeWell Securities LLC. bought a new stake in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at about $346,153,000. Boulay Financial Advisors LLC boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 4.0% in the 4th quarter. Boulay Financial Advisors LLC now owns 9,126,260 shares of the company’s stock valued at $248,326,000 after purchasing an additional 353,656 shares during the period. Finally, Keybank National Association OH grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 32,896.7% during the 4th quarter. Keybank National Association OH now owns 8,291,741 shares of the company’s stock worth $225,618,000 after purchasing an additional 8,266,612 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Shares of FNDX opened at $31.05 on Monday. Schwab Fundamental U.S. Large Company ETF has a 12 month low of $23.89 and a 12 month high of $31.56. The firm’s 50 day moving average is $30.30 and its 200-day moving average is $28.85. The stock has a market capitalization of $26.74 billion, a PE ratio of 17.86 and a beta of 0.87.

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.