Schwab Fundamental U.S. Large Company Index (FNDX) Stake Lessened by Gemmer Asset Management LLC

Gemmer Asset Management LLC reduced its position in shares of Schwab Fundamental U.S. Large Company Index (NYSEARCA:FNDX) by 0.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 99,530 shares of the company’s stock after selling 374 shares during the period. Schwab Fundamental U.S. Large Company Index comprises approximately 1.0% of Gemmer Asset Management LLC’s portfolio, making the stock its 22nd largest position. Gemmer Asset Management LLC owned approximately 0.08% of Schwab Fundamental U.S. Large Company Index worth $3,777,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FNDX. Actinver Wealth Management Inc. purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index during the 4th quarter worth $27,809,000. Glassman Wealth Services lifted its position in shares of Schwab Fundamental U.S. Large Company Index by 166.0% during the 4th quarter. Glassman Wealth Services now owns 852,217 shares of the company’s stock worth $28,958,000 after purchasing an additional 531,834 shares during the last quarter. Ackerman Capital Advisors LLC purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index during the 4th quarter worth $13,787,000. Quadrant Capital Group LLC lifted its position in shares of Schwab Fundamental U.S. Large Company Index by 1,785.2% during the 4th quarter. Quadrant Capital Group LLC now owns 428,363 shares of the company’s stock worth $14,551,000 after purchasing an additional 405,641 shares during the last quarter. Finally, Droms Strauss Advisors Inc. MO ADV purchased a new stake in shares of Schwab Fundamental U.S. Large Company Index during the 4th quarter worth $12,587,000.

Schwab Fundamental U.S. Large Company Index stock opened at $39.01 on Wednesday. Schwab Fundamental U.S. Large Company Index has a 12-month low of $31.85 and a 12-month high of $40.40.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 25th. Shareholders of record on Thursday, March 21st were paid a $0.2078 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $0.83 dividend on an annualized basis and a yield of 2.13%.

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

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