Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) Shares Purchased by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. lifted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 352.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 19,918 shares of the company’s stock after purchasing an additional 15,516 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $472,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financial Counselors Inc. bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at approximately $416,000. Signature Estate & Investment Advisors LLC grew its stake in 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 buying an additional 7,192,613 shares during the last quarter. TIAA Trust National Association acquired a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter worth $329,000. Haverford Trust Co lifted its stake in Schwab Fundamental U.S. Large Company Index ETF by 202.0% in the fourth quarter. Haverford Trust Co now owns 852,743 shares of the company’s stock valued at $20,193,000 after buying an additional 570,372 shares during the last quarter. Finally, Woodmont Investment Counsel LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter valued at $219,000.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $23.76 on Friday. The firm has a market capitalization of $17.42 billion, a P/E ratio of 18.62 and a beta of 1.00. The company has a 50-day simple moving average of $24.29 and a 200-day simple moving average of $24.15. Schwab Fundamental U.S. Large Company Index ETF has a one year low of $21.25 and a one year high of $25.17.

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

The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th will be given a $0.1057 dividend. This is a boost from Schwab Fundamental U.S. Large Company Index ETF’s previous dividend of $0.11. The ex-dividend date of this dividend is Wednesday, March 26th.

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.