Sand Hill Global Advisors LLC Boosts Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Sand Hill Global Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,367 shares of the company’s stock after purchasing an additional 16,911 shares during the period. Sand Hill Global Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $601,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Renaissance Technologies LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 616.2% during the 4th quarter. Renaissance Technologies LLC now owns 136,800 shares of the company’s stock worth $3,239,000 after buying an additional 117,700 shares during the last quarter. Rollins Financial Advisors LLC raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 215.0% during the 4th quarter. Rollins Financial Advisors LLC now owns 312,121 shares of the company’s stock worth $7,391,000 after acquiring an additional 213,027 shares in the last quarter. Bank of Montreal Can lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 228.6% in the fourth quarter. Bank of Montreal Can now owns 42,638 shares of the company’s stock valued at $1,010,000 after acquiring an additional 29,662 shares during the last quarter. Certior Financial Group LLC acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at $331,000. Finally, Shakespeare Wealth Management LLC grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 187.1% during the fourth quarter. Shakespeare Wealth Management LLC now owns 180,968 shares of the company’s stock worth $4,285,000 after purchasing an additional 117,943 shares during the last quarter.

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

FNDX opened at $21.18 on Tuesday. 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 stock has a market capitalization of $15.50 billion, a P/E ratio of 16.72 and a beta of 0.95. The business’s 50-day simple moving average is $24.04 and its 200-day simple moving average is $24.13.

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

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

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.