Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Stake Lifted by Peapack Gladstone Financial Corp

Posted by Geri Gentry on Apr 7th, 2025

Peapack Gladstone Financial Corp raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX – Free Report) by 223.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 297,055 shares of the company’s stock after buying an additional 205,285 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $7,034,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth 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 period. Adirondack Trust Co. boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after acquiring an additional 770 shares during the period. Pinnacle Bancorp Inc. grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% in 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 increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the fourth quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after purchasing an additional 895 shares during the period. Finally, Oarsman Capital Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at $32,000.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 5.7 %

FNDX stock opened at $21.35 on Monday. The company has a 50-day simple moving average of $24.11 and a 200 day simple moving average of $24.15. The company has a market capitalization of $15.62 billion, a P/E ratio of 16.72 and a beta of 0.95. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.74 and a fifty-two week high of $25.17.

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 paid a $0.1057 dividend. This is a positive change 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.

Schwab Fundamental U.S. Large Company Index ETF Company Profile

(Free Report)

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.