16,237 Shares in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Bought by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC purchased a new stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 16,237 shares of the company’s stock, valued at approximately $384,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FNDX. Charles Schwab Investment Management Inc. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock valued at $9,309,803,000 after acquiring an additional 262,526,108 shares during the last quarter. Signature Estate & Investment Advisors LLC increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 225.0% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 10,389,148 shares of the company’s stock worth $246,015,000 after purchasing an additional 7,192,613 shares during the last quarter. McAdam LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after purchasing an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after buying an additional 3,993,372 shares during the last quarter. Finally, Glassman Wealth Services grew its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.8% in the fourth quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock valued at $106,910,000 after buying an additional 3,014,069 shares in the last quarter.

Schwab Fundamental U.S. Large Company Index ETF Trading Down 0.4 %

NYSEARCA FNDX opened at $22.22 on Wednesday. The firm has a market capitalization of $16.26 billion, a P/E ratio of 16.72 and a beta of 0.95. The firm’s fifty day moving average price is $23.60 and its two-hundred day moving average price is $24.02. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.41 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. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.1057 per share. 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.