Aufman Associates Inc Grows Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Aufman Associates Inc grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 201.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 13,213 shares of the company’s stock after purchasing an additional 8,826 shares during the period. Aufman Associates Inc’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $313,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in FNDX. Maridea Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth about $586,000. Brown Brothers Harriman & Co. acquired a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at about $55,000. Orion Portfolio Solutions LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 310.0% in the 4th quarter. Orion Portfolio Solutions LLC now owns 70,358 shares of the company’s stock valued at $1,666,000 after acquiring an additional 53,198 shares during the period. Riverchase Wealth Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at about $2,241,000. Finally, Blair William & Co. IL raised its stake in Schwab Fundamental U.S. Large Company Index ETF by 253.1% during the 4th quarter. Blair William & Co. IL now owns 26,703 shares of the company’s stock valued at $632,000 after acquiring an additional 19,140 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 1.6 %

Shares of FNDX stock opened at $23.38 on Friday. The company has a market capitalization of $17.14 billion, a P/E ratio of 18.62 and a beta of 1.00. The business’s 50 day moving average is $24.27 and its two-hundred day moving average is $24.15. Schwab Fundamental U.S. Large Company Index ETF has a twelve month low of $21.25 and a twelve month high of $25.17.

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

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be given a dividend of $0.1057 per share. The ex-dividend date of this dividend is Wednesday, March 26th. This is an increase from Schwab Fundamental U.S. Large Company Index ETF’s previous dividend of $0.11.

About Schwab Fundamental U.S. Large Company Index ETF

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.