FRG Family Wealth Advisors LLC Purchases 92,822 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

FRG Family Wealth Advisors LLC grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 218.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 135,243 shares of the company’s stock after buying an additional 92,822 shares during the quarter. FRG Family Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $3,203,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. FMR LLC increased its position in shares of 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 acquiring an additional 12,239 shares in the last quarter. Quantinno Capital Management LP acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the 3rd quarter worth about $291,000. Stifel Financial Corp raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 38.1% in the 3rd quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after purchasing an additional 2,834 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the 3rd quarter worth about $510,000. Finally, Orion Portfolio Solutions LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 31.5% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 17,160 shares of the company’s stock valued at $1,231,000 after buying an additional 4,106 shares during the period.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 1.1 %

Shares of Schwab Fundamental U.S. Large Company Index ETF stock opened at $22.23 on Thursday. The firm has a market capitalization of $16.27 billion, a PE ratio of 16.72 and a beta of 0.95. The firm’s 50 day moving average is $23.80 and its 200 day moving average is $24.07. 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 company also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a $0.1057 dividend. The ex-dividend date was Wednesday, March 26th. This is an increase from Schwab Fundamental U.S. Large Company Index ETF’s previous dividend of $0.11.

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.