Kingsview Wealth Management LLC Boosts Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Kingsview Wealth Management LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 190.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 293,164 shares of the company’s stock after purchasing an additional 192,346 shares during the quarter. Kingsview Wealth Management LLC owned approximately 0.13% of Schwab Fundamental U.S. Large Company Index ETF worth $6,942,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Castleview Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter valued at approximately $32,000. Howe & Rusling Inc. increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 7.0% in the 3rd quarter. Howe & Rusling Inc. now owns 7,168 shares of the company’s stock worth $514,000 after acquiring an additional 468 shares in the last quarter. Etfidea LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 1.1% in the 3rd quarter. Etfidea LLC now owns 44,019 shares of the company’s stock worth $3,159,000 after acquiring an additional 473 shares in the last quarter. Godsey & Gibb Inc. increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 28.6% in the 3rd quarter. Godsey & Gibb Inc. now owns 2,303 shares of the company’s stock worth $165,000 after acquiring an additional 512 shares in the last quarter. Finally, Carnegie Investment Counsel increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 5.6% in the 3rd quarter. Carnegie Investment Counsel now owns 9,936 shares of the company’s stock worth $713,000 after acquiring an additional 526 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Performance

Shares of NYSEARCA FNDX opened at $24.45 on Friday. The firm has a market cap of $5.60 billion, a PE ratio of 17.79 and a beta of 0.84. The firm has a fifty day moving average of $24.26 and a 200 day moving average of $23.85. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $20.78 and a one year high of $25.17.

Schwab Fundamental U.S. Large Company Index ETF 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.