Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Acquired by Sand Hill Global Advisors LLC

Sand Hill Global Advisors LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,367 shares of the company’s stock after acquiring an additional 16,911 shares during the period. Sand Hill Global Advisors LLC’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $601,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Renaissance Technologies LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF by 616.2% in the 4th quarter. Renaissance Technologies LLC now owns 136,800 shares of the company’s stock valued at $3,239,000 after purchasing an additional 117,700 shares in the last quarter. Rollins Financial Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 215.0% during the fourth quarter. Rollins Financial Advisors LLC now owns 312,121 shares of the company’s stock worth $7,391,000 after buying an additional 213,027 shares during the period. Bank of Montreal Can raised its holdings in Schwab Fundamental U.S. Large Company Index ETF by 228.6% in the fourth quarter. Bank of Montreal Can now owns 42,638 shares of the company’s stock valued at $1,010,000 after acquiring an additional 29,662 shares in the last quarter. Certior Financial Group LLC acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at approximately $331,000. Finally, Shakespeare Wealth Management LLC lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 187.1% in the fourth quarter. Shakespeare Wealth Management LLC now owns 180,968 shares of the company’s stock worth $4,285,000 after acquiring an additional 117,943 shares during the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Stock Down 0.8 %

NYSEARCA FNDX opened at $21.18 on Tuesday. Schwab Fundamental U.S. Large Company Index ETF has a 52 week low of $20.41 and a 52 week high of $25.17. The firm has a 50 day moving average of $24.04 and a two-hundred day moving average of $24.13. The stock has a market capitalization of $15.50 billion, a PE ratio of 16.72 and a beta of 0.95.

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

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued 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.