IFC & Insurance Marketing Inc. Raises Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

IFC & Insurance Marketing Inc. raised its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 6.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 281,542 shares of the company’s stock after buying an additional 16,832 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for 7.7% of IFC & Insurance Marketing Inc.’s investment portfolio, making the stock its 3rd biggest holding. IFC & Insurance Marketing Inc.’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $8,756,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Capital Investment Counsel LLC lifted its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.9% during the first quarter. Capital Investment Counsel LLC now owns 13,457 shares of the company’s stock valued at $375,000 after buying an additional 381 shares during the last quarter. Howe & Rusling Inc. grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 1.4% in the 4th quarter. Howe & Rusling Inc. now owns 27,075 shares of the company’s stock worth $737,000 after buying an additional 381 shares during the last quarter. Legacy Financial Strategies LLC raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 1.1% during the 4th quarter. Legacy Financial Strategies LLC now owns 36,795 shares of the company’s stock worth $1,001,000 after acquiring an additional 385 shares in the last quarter. Godsey & Gibb Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6.2% during the 4th quarter. Godsey & Gibb Inc. now owns 6,793 shares of the company’s stock worth $185,000 after acquiring an additional 399 shares in the last quarter. Finally, Assetmark Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company ETF by 2.7% during the 4th quarter. Assetmark Inc. now owns 15,453 shares of the company’s stock worth $420,000 after acquiring an additional 408 shares in the last quarter.

Schwab Fundamental U.S. Large Company ETF Price Performance

NYSEARCA:FNDX opened at $32.31 on Monday. The stock has a market capitalization of $27.27 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $24.75 and a 52 week high of $32.47. The firm has a 50 day moving average of $31.34 and a 200 day moving average of $29.83.

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.