Financial Counselors Inc. Buys Shares of 17,547 Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Financial Counselors Inc. purchased a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 17,547 shares of the company’s stock, valued at approximately $416,000.

Several other large investors also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. IAG Wealth Partners LLC now owns 1,110 shares of the company’s stock valued at $26,000 after purchasing an additional 740 shares during the last quarter. Adirondack Trust Co. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after buying an additional 770 shares in the last quarter. WealthShield Partners LLC boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock worth $32,000 after buying an additional 895 shares during the period. Glass Jacobson Investment Advisors llc boosted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 49.0% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,957 shares of the company’s stock worth $212,000 after buying an additional 973 shares during the period. Finally, Pinnacle Bancorp Inc. grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after buying an additional 1,093 shares in the last quarter.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $23.38 on Friday. The firm has a market capitalization of $17.14 billion, a P/E ratio of 18.62 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one year high of $25.17. The business has a fifty day moving average price of $24.27 and a 200-day moving average price of $24.15.

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

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be 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 is Wednesday, March 26th.

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.