Physician Wealth Advisors Inc. Makes New $49,000 Investment in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Physician Wealth Advisors Inc. bought a new position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 2,079 shares of the company’s stock, valued at approximately $49,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. IAG Wealth Partners LLC grew its holdings 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 during the period. Adirondack Trust Co. boosted its stake in Schwab Fundamental U.S. Large Company Index ETF by 200.0% during the fourth quarter. Adirondack Trust Co. now owns 1,155 shares of the company’s stock worth $27,000 after buying an additional 770 shares during the period. Pinnacle Bancorp Inc. increased its position in shares of 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 valued at $30,000 after acquiring an additional 1,093 shares during the last quarter. WealthShield Partners LLC raised its stake in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. WealthShield Partners LLC now owns 1,340 shares of the company’s stock valued at $32,000 after acquiring an additional 895 shares during the period. Finally, McClarren Financial Advisors Inc. acquired a new position in shares of Schwab Fundamental U.S. Large Company Index ETF in the 4th quarter worth approximately $35,000.

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

Schwab Fundamental U.S. Large Company Index ETF stock opened at $23.61 on Tuesday. The company has a market capitalization of $17.31 billion, a PE ratio of 18.62 and a beta of 1.00. 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. The firm has a 50 day moving average price of $24.26 and a 200 day moving average price of $24.17.

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

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