Texas Yale Capital Corp. Increases Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Texas Yale Capital Corp. increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,200 shares of the company’s stock after purchasing an additional 8,800 shares during the quarter. Texas Yale Capital Corp.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $313,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. FMR LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 16.6% during the third quarter. FMR LLC now owns 85,753 shares of the company’s stock worth $6,154,000 after purchasing an additional 12,239 shares during the last quarter. Quantinno Capital Management LP acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $291,000. Stifel Financial Corp increased its position in Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the third quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after purchasing an additional 2,834 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $510,000. Finally, Orion Portfolio Solutions LLC increased its position in Schwab Fundamental U.S. Large Company Index ETF by 31.5% during the third quarter. Orion Portfolio Solutions LLC now owns 17,160 shares of the company’s stock worth $1,231,000 after purchasing an additional 4,106 shares during the last quarter.

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

Shares of FNDX stock opened at $22.47 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $20.41 and a one year high of $25.17. The company has a 50 day moving average price of $23.80 and a 200 day moving average price of $24.07. The firm has a market capitalization of $16.44 billion, a price-to-earnings ratio of 16.72 and a beta of 0.95.

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

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.1057 per share. This is an increase from Schwab Fundamental U.S. Large Company Index ETF’s previous dividend of $0.11. The ex-dividend date was Wednesday, March 26th.

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.