IFC & Insurance Marketing Inc. Has $8.76 Million Stock Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

IFC & Insurance Marketing Inc. grew its position in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 6.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 holdings, making the stock its 3rd largest 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 quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Keenan LLC purchased a new stake in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth about $27,000. Resources Management Corp CT ADV purchased a new position in Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at about $27,000. Ascentis Independent Advisors purchased a new position in Schwab Fundamental U.S. Large Company ETF during the 1st quarter valued at about $28,000. Valued Wealth Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 1st quarter valued at about $30,000. Finally, Capital Investment Advisory Services LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 82.8% in 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 in the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

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

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.