Successful Portfolios LLC Makes New Investment in Schwab Fundamental U.S. Large Company Index (NYSEARCA:FNDX)

Successful Portfolios LLC purchased a new position in shares of Schwab Fundamental U.S. Large Company Index (NYSEARCA:FNDX) during the third quarter, Holdings Channel reports. The fund purchased 14,467 shares of the company’s stock, valued at approximately $572,000.

A number of other large investors have also recently added to or reduced their stakes in FNDX. Raymond James & Associates lifted its stake in Schwab Fundamental U.S. Large Company Index by 5.1% during the first quarter. Raymond James & Associates now owns 47,319 shares of the company’s stock worth $1,796,000 after purchasing an additional 2,296 shares in the last quarter. Droms Strauss Advisors Inc. MO ADV lifted its stake in Schwab Fundamental U.S. Large Company Index by 17.9% during the first quarter. Droms Strauss Advisors Inc. MO ADV now owns 436,678 shares of the company’s stock worth $16,569,000 after purchasing an additional 66,300 shares in the last quarter. FMR LLC lifted its stake in Schwab Fundamental U.S. Large Company Index by 174.1% during the first quarter. FMR LLC now owns 1,335 shares of the company’s stock worth $50,000 after purchasing an additional 848 shares in the last quarter. Valeo Financial Advisors LLC lifted its stake in Schwab Fundamental U.S. Large Company Index by 96.6% during the second quarter. Valeo Financial Advisors LLC now owns 51,366 shares of the company’s stock worth $2,009,000 after purchasing an additional 25,240 shares in the last quarter. Finally, Leonard Rickey Investment Advisors P.L.L.C. lifted its stake in Schwab Fundamental U.S. Large Company Index by 13.3% during the second quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 81,701 shares of the company’s stock worth $3,195,000 after purchasing an additional 9,617 shares in the last quarter.

NYSEARCA:FNDX traded up $0.55 during trading hours on Friday, reaching $39.39. 12,239 shares of the stock were exchanged, compared to its average volume of 364,123. The business has a 50-day moving average of $39.00 and a two-hundred day moving average of $38.72. Schwab Fundamental U.S. Large Company Index has a twelve month low of $31.85 and a twelve month high of $40.33.

The company also recently declared a — dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.2186 per share. This represents a yield of 2.2%. The ex-dividend date of this dividend was Wednesday, September 25th.

Further Reading: What is a Special Dividend?

Want to see what other hedge funds are holding FNDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Large Company Index (NYSEARCA:FNDX).

Institutional Ownership by Quarter for Schwab Fundamental U.S. Large Company Index (NYSEARCA:FNDX)

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