Francis Financial Inc. Increases Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Francis Financial Inc. raised its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 154.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,787 shares of the company’s stock after buying an additional 12,604 shares during the period. Francis Financial Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $492,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after acquiring an additional 262,526,108 shares during the period. Captrust Financial Advisors grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 221.9% in the fourth quarter. Captrust Financial Advisors now owns 14,941,376 shares of the company’s stock valued at $353,819,000 after purchasing an additional 10,300,064 shares during the period. Signature Estate & Investment Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 225.0% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock valued at $246,015,000 after buying an additional 7,192,613 shares in the last quarter. McAdam LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after buying an additional 6,193,223 shares during the period. Finally, Steele Capital Management Inc. lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after buying an additional 3,993,372 shares in the last quarter.

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

Shares of NYSEARCA FNDX opened at $23.13 on Friday. The firm has a fifty day moving average of $22.88 and a 200 day moving average of $23.85. The firm 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 has a one year low of $20.41 and a one year high of $25.17.

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

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

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