Ausdal Financial Partners Inc. Buys 18,145 Shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Ausdal Financial Partners Inc. raised its stake in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 214.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 26,615 shares of the company’s stock after acquiring an additional 18,145 shares during the period. Ausdal Financial Partners Inc.’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $630,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of FNDX. Charles Schwab Investment Management Inc. increased its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after purchasing an additional 262,526,108 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake in Schwab Fundamental U.S. Large Company Index ETF by 225.0% during the fourth 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. McAdam LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 212.3% during the fourth quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock worth $215,726,000 after buying an additional 6,193,223 shares in the last quarter. Steele Capital Management Inc. raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the fourth quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after acquiring an additional 3,993,372 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 4,641,312 shares of the company’s stock worth $333,059,000 after acquiring an additional 313,382 shares in the last quarter.

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

FNDX stock opened at $23.76 on Friday. The stock has a market capitalization of $17.42 billion, a price-to-earnings ratio of 18.62 and a beta of 1.00. The business has a fifty day moving average price of $24.29 and a 200 day moving average price of $24.15. Schwab Fundamental U.S. Large Company Index ETF has a fifty-two week low of $21.25 and a fifty-two week high of $25.17.

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

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued 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.

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.