Howe & Rusling Inc. Buys 15,100 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Howe & Rusling Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 210.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,268 shares of the company’s stock after acquiring an additional 15,100 shares during the quarter. Howe & Rusling Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 304.9% in the fourth quarter. JPMorgan Chase & Co. now owns 137,073 shares of the company’s stock valued at $3,246,000 after buying an additional 103,216 shares during the period. Sellwood Investment Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth about $14,309,000. Dechtman Wealth Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% in the 4th quarter. Dechtman Wealth Management LLC now owns 29,994 shares of the company’s stock valued at $710,000 after purchasing an additional 20,043 shares during the period. Ausdal Financial Partners Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 214.2% during the 4th quarter. Ausdal Financial Partners Inc. now owns 26,615 shares of the company’s stock valued at $630,000 after purchasing an additional 18,145 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 352.5% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 19,918 shares of the company’s stock worth $472,000 after purchasing an additional 15,516 shares during the period.

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

Shares of FNDX stock opened at $23.76 on Friday. The company has a market cap of $17.42 billion, a P/E ratio of 18.62 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.25 and a fifty-two week high of $25.17. The stock has a 50 day simple moving average of $24.29 and a two-hundred day simple moving average of $24.15.

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

The business also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be given a dividend of $0.1057 per share. The ex-dividend date is 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.