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

Texas Yale Capital Corp. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,200 shares of the company’s stock after acquiring 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.

A number of other large investors have also recently added to or reduced their stakes in FNDX. Charles Schwab Investment Management Inc. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after acquiring an additional 262,526,108 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 225.0% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock valued at $246,015,000 after acquiring an additional 7,192,613 shares during the last quarter. McAdam LLC boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after acquiring an additional 6,193,223 shares during the last quarter. Steele Capital Management Inc. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after acquiring an additional 3,993,372 shares during the last quarter. Finally, Glassman Wealth Services boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.8% during the 4th quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock valued at $106,910,000 after acquiring an additional 3,014,069 shares during the last quarter.

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

NYSEARCA FNDX opened at $22.47 on Thursday. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.41 and a 12 month high of $25.17. The company has a market capitalization of $16.44 billion, a price-to-earnings ratio of 16.72 and a beta of 0.95. The company’s fifty 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 firm also recently announced a dividend, which was paid on Monday, March 31st. Shareholders 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.

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