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

Koshinski Asset Management Inc. boosted its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 184.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,452 shares of the company’s stock after purchasing an additional 30,099 shares during the period. Koshinski Asset Management Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $1,294,000 at the end of the most recent quarter.

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

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA FNDX opened at $31.27 on Monday. The company has a 50-day moving average price of $30.69 and a 200-day moving average price of $29.12. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $24.27 and a 52 week high of $31.56. The firm has a market capitalization of $26.09 billion, a P/E 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.