OneDigital Investment Advisors LLC Has $13.96 Million Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

OneDigital Investment Advisors LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 211.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 589,601 shares of the company’s stock after purchasing an additional 400,070 shares during the period. OneDigital Investment Advisors LLC owned about 0.26% of Schwab Fundamental U.S. Large Company Index ETF worth $13,962,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FNDX. Stifel Financial Corp lifted its position in Schwab Fundamental U.S. Large Company Index ETF by 38.1% during the 3rd quarter. Stifel Financial Corp now owns 10,269 shares of the company’s stock worth $737,000 after buying an additional 2,834 shares in the last quarter. Destination Wealth Management bought a new stake in Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth about $209,000. Synovus Financial Corp boosted its position in Schwab Fundamental U.S. Large Company Index ETF by 92.6% during the third quarter. Synovus Financial Corp now owns 118,654 shares of the company’s stock valued at $8,514,000 after purchasing an additional 57,059 shares during the last quarter. Peapack Gladstone Financial Corp grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 2.8% in the third quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock valued at $6,585,000 after purchasing an additional 2,490 shares in the last quarter. Finally, Global Wealth Strategies & Associates raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock worth $41,000 after purchasing an additional 1,156 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Up 0.6 %

NYSEARCA:FNDX opened at $22.01 on Monday. The stock has a market capitalization of $16.11 billion, a PE ratio of 16.72 and a beta of 0.95. Schwab Fundamental U.S. Large Company Index ETF has a 1-year low of $20.41 and a 1-year high of $25.17. The firm has a fifty day simple moving average of $23.44 and a 200 day simple moving average of $23.99.

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

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

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.