Milestone Investment Advisors LLC Has $8.19 Million Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Milestone Investment Advisors LLC lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 230.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 345,949 shares of the company’s stock after buying an additional 241,137 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises approximately 2.2% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Milestone Investment Advisors LLC owned about 0.15% of Schwab Fundamental U.S. Large Company Index ETF worth $8,192,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. IAG Wealth Partners LLC grew its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the 4th quarter. IAG Wealth Partners LLC now owns 1,110 shares of the company’s stock worth $26,000 after acquiring an additional 740 shares during the period. Adirondack Trust Co. grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after purchasing 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% during the fourth quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock worth $32,000 after purchasing an additional 895 shares during the period. Glass Jacobson Investment Advisors llc increased its holdings in Schwab Fundamental U.S. Large Company Index ETF by 49.0% in the third quarter. Glass Jacobson Investment Advisors llc now owns 2,957 shares of the company’s stock valued at $212,000 after purchasing an additional 973 shares during the last quarter. Finally, Pinnacle Bancorp Inc. lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock valued at $30,000 after buying an additional 1,093 shares during the period.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $23.75 on Thursday. The firm has a market capitalization of $17.41 billion, a P/E ratio of 18.62 and a beta of 1.00. The business has a 50-day moving average of $24.22 and a 200-day moving average of $24.17. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $21.25 and a 1 year high of $25.17.

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

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.1057 per share. The ex-dividend date was Wednesday, March 26th. This is a boost 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.