Ausdal Financial Partners Inc. Has $630,000 Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Ausdal Financial Partners Inc. grew its position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 214.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 26,615 shares of the company’s stock after buying 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. IAG Wealth Partners LLC lifted its holdings in Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the fourth quarter. IAG Wealth Partners LLC now owns 1,110 shares of the company’s stock valued at $26,000 after buying an additional 740 shares during the period. Adirondack Trust Co. lifted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 200.0% in the 4th quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock valued at $27,000 after purchasing an additional 770 shares during the period. Pinnacle Bancorp Inc. boosted its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after purchasing an additional 1,093 shares during the last quarter. 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. Finally, McClarren Financial Advisors Inc. bought a new stake in Schwab Fundamental U.S. Large Company Index ETF in the fourth quarter valued at about $35,000.

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

Shares of FNDX stock opened at $23.76 on Friday. The stock has a market cap of $17.42 billion, a PE ratio of 18.62 and a beta of 1.00. The stock has a 50-day moving average of $24.29 and a 200-day 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 paid a $0.1057 dividend. The ex-dividend date of this dividend is Wednesday, March 26th. This is an increase from Schwab Fundamental U.S. Large Company Index ETF’s previous dividend of $0.11.

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.