Koshinski Asset Management Inc. Raises Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Koshinski Asset Management Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 184.1% in the first quarter, HoldingsChannel reports. The fund owned 46,452 shares of the company’s stock after purchasing an additional 30,099 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Keenan LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter worth $27,000. Resources Management Corp CT ADV bought a new stake in Schwab Fundamental U.S. Large Company ETF during the fourth quarter valued at about $27,000. Capital Investment Advisory Services LLC increased its position in Schwab Fundamental U.S. Large Company ETF by 82.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock worth $37,000 after buying an additional 615 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $39,000. Finally, RHL Group LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $41,000.

Schwab Fundamental U.S. Large Company ETF Price Performance

FNDX stock opened at $31.27 on Monday. The business’s 50-day moving average price is $30.69 and its 200-day moving average price is $29.12. The stock has a market cap of $26.09 billion, a P/E ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $24.27 and a twelve month high of $31.56.

Schwab Fundamental U.S. Large Company 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.