EP Wealth Advisors LLC Has $1.64 Million Stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

EP Wealth Advisors LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 220.0% during the 4th quarter, HoldingsChannel reports. The firm owned 69,379 shares of the company’s stock after purchasing an additional 47,699 shares during the period. EP Wealth Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,643,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. IAG Wealth Partners LLC raised its holdings in shares of 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 worth $26,000 after acquiring an additional 740 shares during the period. Adirondack Trust Co. increased its holdings in 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 worth $27,000 after purchasing an additional 770 shares in the last quarter. WealthShield Partners LLC raised its stake in shares of 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 valued at $32,000 after purchasing an additional 895 shares during the period. Pinnacle Bancorp Inc. lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after purchasing an additional 1,093 shares in the last quarter. Finally, American Capital Advisory LLC boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the fourth quarter. American Capital Advisory LLC now owns 1,784 shares of the company’s stock worth $42,000 after buying an additional 1,192 shares during the period.

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

NYSEARCA:FNDX opened at $23.13 on Friday. The stock has a 50-day simple moving average of $22.88 and a 200 day simple moving average of $23.85. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.41 and a 52-week high of $25.17. The company has a market cap of $16.99 billion, a PE ratio of 18.51 and a beta of 0.95.

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

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a $0.1057 dividend. The ex-dividend date was 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.