Howe & Rusling Inc. Has $527,000 Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Howe & Rusling Inc. raised its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 210.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,268 shares of the company’s stock after purchasing an additional 15,100 shares during the quarter. Howe & Rusling Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $527,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FNDX. Brookstone Capital Management increased its position in Schwab Fundamental U.S. Large Company Index ETF by 197.5% during the 4th quarter. Brookstone Capital Management now owns 19,409 shares of the company’s stock worth $460,000 after purchasing an additional 12,884 shares in the last quarter. Destination Wealth Management acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth $209,000. Blue Trust Inc. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 12,276.7% in the 4th quarter. Blue Trust Inc. now owns 5,322 shares of the company’s stock valued at $126,000 after acquiring an additional 5,279 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 204.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 30,639 shares of the company’s stock valued at $726,000 after acquiring an additional 20,565 shares during the last quarter. Finally, Peapack Gladstone Financial Corp grew its position in 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 acquiring an additional 2,490 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.3 %

Shares of FNDX opened at $23.76 on Friday. The stock has a market cap of $17.42 billion, a PE ratio of 18.62 and a beta of 1.00. Schwab Fundamental U.S. Large Company Index ETF has a 12-month low of $21.25 and a 12-month high of $25.17. The business has a 50-day simple moving average of $24.29 and a two-hundred day simple moving average of $24.15.

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

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued a $0.1057 dividend. The ex-dividend date of this dividend is Wednesday, March 26th. This is a positive change 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.