Shakespeare Wealth Management LLC Has $4.29 Million Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Shakespeare Wealth Management LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 187.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 180,968 shares of the company’s stock after buying an additional 117,943 shares during the quarter. Schwab Fundamental U.S. Large Company Index ETF comprises 1.2% of Shakespeare Wealth Management LLC’s holdings, making the stock its 16th biggest position. Shakespeare Wealth Management LLC owned 0.08% of Schwab Fundamental U.S. Large Company Index ETF worth $4,285,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. IAG Wealth Partners LLC grew its position in shares of 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 purchasing an additional 740 shares in the last quarter. Adirondack Trust Co. boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after buying an additional 770 shares during the period. Pinnacle Bancorp Inc. grew its position in Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after buying an additional 1,093 shares in the last quarter. WealthShield Partners LLC increased its stake in Schwab Fundamental U.S. Large Company Index ETF by 201.1% during the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock worth $32,000 after acquiring an additional 895 shares during the period. Finally, Oarsman Capital Inc. acquired a new position in Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter valued at $32,000.

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

FNDX opened at $21.35 on Monday. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $20.74 and a 52-week high of $25.17. The firm has a market cap of $15.62 billion, a P/E ratio of 16.72 and a beta of 0.95. The business’s fifty day moving average is $24.11 and its 200-day moving average is $24.15.

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

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.1057 per share. This is an increase from Schwab Fundamental U.S. Large Company Index ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was 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.