Aptus Capital Advisors LLC Increases Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Aptus Capital Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 2,319.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,938 shares of the company’s stock after buying an additional 30,618 shares during the period. Aptus Capital Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $756,000 as of its most recent filing with the Securities and Exchange Commission.

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

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

NYSEARCA:FNDX opened at $22.91 on Wednesday. The firm has a 50 day simple moving average of $22.95 and a 200-day simple moving average of $23.87. The firm has a market cap of $16.83 billion, a PE ratio of 18.51 and a beta of 0.95. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $20.41 and a 1-year high of $25.17.

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

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a $0.1057 dividend. 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.