NorthRock Partners LLC Invests $209,000 in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

NorthRock Partners LLC bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the fourth quarter, Holdings Channel reports. The firm bought 8,805 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors have also modified their holdings of the company. IAG Wealth Partners LLC increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th 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 in the last quarter. Adirondack Trust Co. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after buying an additional 770 shares during the period. WealthShield Partners LLC grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the fourth quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after buying an additional 895 shares in the last quarter. American Capital Advisory LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.4% during the 4th quarter. American Capital Advisory LLC now owns 1,784 shares of the company’s stock valued at $42,000 after buying an additional 1,192 shares during the period. Finally, Tidemark LLC raised its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.8% during the 4th quarter. Tidemark LLC now owns 1,799 shares of the company’s stock valued at $43,000 after buying an additional 1,203 shares during the period.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $24.01 on Monday. The firm has a market capitalization of $17.64 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. The stock’s 50 day moving average price is $22.88 and its 200 day moving average price is $23.85.

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

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given 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 was Wednesday, March 26th.

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.