Kowal Investment Group LLC Grows Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Kowal Investment Group LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 8.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,087 shares of the company’s stock after acquiring an additional 387 shares during the period. Kowal Investment Group LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $341,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Townsend Asset Management Corp NC ADV grew its position in Schwab Fundamental U.S. Large Company Index ETF by 1.4% in the first quarter. Townsend Asset Management Corp NC ADV now owns 11,896 shares of the company’s stock worth $802,000 after acquiring an additional 160 shares in the last quarter. Alpha Omega Wealth Management LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 1.7% in the first quarter. Alpha Omega Wealth Management LLC now owns 10,307 shares of the company’s stock worth $695,000 after acquiring an additional 175 shares in the last quarter. MCF Advisors LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 4.8% in the second quarter. MCF Advisors LLC now owns 3,903 shares of the company’s stock worth $261,000 after acquiring an additional 177 shares in the last quarter. Advisory Services Network LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 1.0% in the fourth quarter. Advisory Services Network LLC now owns 19,255 shares of the company’s stock worth $1,193,000 after acquiring an additional 184 shares in the last quarter. Finally, Brookstone Capital Management grew its position in Schwab Fundamental U.S. Large Company Index ETF by 3.5% in the second quarter. Brookstone Capital Management now owns 6,417 shares of the company’s stock worth $447,000 after acquiring an additional 216 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.2 %

FNDX opened at $71.33 on Friday. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $53.32 and a 12 month high of $71.66. The stock has a 50-day moving average of $69.03 and a 200 day moving average of $67.25. The firm has a market cap of $16.33 billion, a P/E ratio of 17.79 and a beta of 0.84.

About Schwab Fundamental U.S. Large Company Index 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.