Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Quadcap Wealth Management LLC

Quadcap Wealth Management LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 256.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 853,387 shares of the company’s stock after acquiring an additional 613,752 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF accounts for about 3.0% of Quadcap Wealth Management LLC’s holdings, making the stock its 5th biggest position. Quadcap Wealth Management LLC owned about 0.37% of Schwab Fundamental U.S. Large Company Index ETF worth $20,208,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Quantinno Capital Management LP increased its position in Schwab Fundamental U.S. Large Company Index ETF by 3,154.6% during the 4th quarter. Quantinno Capital Management LP now owns 131,812 shares of the company’s stock worth $3,121,000 after purchasing an additional 127,762 shares in the last quarter. Paradigm Capital Management LLC NV increased its position in Schwab Fundamental U.S. Large Company Index ETF by 230.3% during the 4th quarter. Paradigm Capital Management LLC NV now owns 94,680 shares of the company’s stock worth $2,242,000 after purchasing an additional 66,017 shares in the last quarter. NorthRock Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF during the 4th quarter worth about $209,000. Millennium Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 900.0% during the 4th quarter. Millennium Management LLC now owns 28,880 shares of the company’s stock worth $684,000 after purchasing an additional 25,992 shares during the period. Finally, Laird Norton Wetherby Wealth Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. Laird Norton Wetherby Wealth Management LLC now owns 31,833 shares of the company’s stock worth $754,000 after purchasing an additional 21,222 shares during the period.

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

FNDX opened at $23.63 on Thursday. The stock has a market capitalization of $17.36 billion, a price-to-earnings ratio of 18.51 and a beta of 0.95. The business has a 50-day moving average of $22.86 and a two-hundred day moving average of $23.85. Schwab Fundamental U.S. Large Company Index ETF has a 12 month low of $20.41 and a 12 month high of $25.17.

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

The firm also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were issued a $0.1057 dividend. This is a boost from Schwab Fundamental U.S. Large Company Index ETF’s previous dividend of $0.11. The ex-dividend date was 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.