Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by FRG Family Wealth Advisors LLC

FRG Family Wealth Advisors LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 218.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 135,243 shares of the company’s stock after acquiring an additional 92,822 shares during the period. FRG Family Wealth Advisors LLC owned 0.06% of Schwab Fundamental U.S. Large Company Index ETF worth $3,203,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FNDX. IAG Wealth Partners LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. IAG Wealth Partners LLC now owns 1,110 shares of the company’s stock worth $26,000 after buying an additional 740 shares during the last quarter. Adirondack Trust Co. raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after buying an additional 770 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after purchasing an additional 1,093 shares in the last quarter. WealthShield Partners LLC grew its position in Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the fourth quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock worth $32,000 after buying an additional 895 shares during the last quarter. Finally, Oarsman Capital Inc. acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth approximately $32,000.

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

NYSEARCA FNDX opened at $22.23 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $20.41 and a twelve month high of $25.17. The stock has a market cap of $16.27 billion, a price-to-earnings ratio of 16.72 and a beta of 0.95. The firm’s 50 day moving average price is $23.80 and its two-hundred day moving average price is $24.07.

Schwab Fundamental U.S. Large Company Index ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.1057 per share. This is a boost from Schwab Fundamental U.S. Large Company Index ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Wednesday, March 26th.

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.