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

Integrated Wealth Concepts LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 186.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 65,381 shares of the company’s stock after acquiring an additional 42,580 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $1,548,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Destination Wealth Management acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the third quarter valued at approximately $209,000. Synovus Financial Corp lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 92.6% in the 3rd 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 holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 2.8% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 91,770 shares of the company’s stock worth $6,585,000 after purchasing an additional 2,490 shares during the period. Global Wealth Strategies & Associates increased its position 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 during the last quarter. Finally, Kings Path Partners LLC raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 198.7% in the 4th quarter. Kings Path Partners LLC now owns 85,364 shares of the company’s stock valued at $2,021,000 after buying an additional 56,786 shares during the period.

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

NYSEARCA:FNDX opened at $22.71 on Tuesday. The stock has a market capitalization of $16.69 billion, a P/E ratio of 18.51 and a beta of 0.95. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $20.41 and a fifty-two week high of $25.17. The company has a 50 day moving average price of $23.14 and a 200 day moving average price of $23.92.

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

The business also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were given a $0.1057 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This is a positive change 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.