Patten & Patten Inc. TN Has $398,000 Stock Position in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Patten & Patten Inc. TN raised its holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,818 shares of the company’s stock after buying an additional 11,212 shares during the quarter. Patten & Patten Inc. TN’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $398,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. grew its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 393,150,463 shares of the company’s stock worth $9,309,803,000 after purchasing an additional 262,526,108 shares in the last quarter. McAdam LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF by 212.3% in the 4th quarter. McAdam LLC now owns 9,110,044 shares of the company’s stock valued at $215,726,000 after purchasing an additional 6,193,223 shares during the last quarter. Steele Capital Management Inc. raised its position in Schwab Fundamental U.S. Large Company Index ETF by 201.1% in the 4th quarter. Steele Capital Management Inc. now owns 5,979,245 shares of the company’s stock valued at $141,589,000 after purchasing an additional 3,993,372 shares during the last quarter. Glassman Wealth Services raised its position in Schwab Fundamental U.S. Large Company Index ETF by 200.8% in the 4th quarter. Glassman Wealth Services now owns 4,514,762 shares of the company’s stock valued at $106,910,000 after purchasing an additional 3,014,069 shares during the last quarter. Finally, Callan Capital LLC raised its position in Schwab Fundamental U.S. Large Company Index ETF by 205.3% in the 4th quarter. Callan Capital LLC now owns 3,720,737 shares of the company’s stock valued at $88,107,000 after purchasing an additional 2,502,026 shares during the last quarter.

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

Shares of FNDX opened at $23.45 on Monday. The stock has a fifty day moving average price of $24.30 and a two-hundred day moving average price of $24.13. Schwab Fundamental U.S. Large Company Index ETF has a 52-week low of $21.25 and a 52-week high of $25.17. The company has a market cap of $17.26 billion, a price-to-earnings ratio of 19.51 and a beta of 1.00.

Schwab Fundamental U.S. Large Company Index ETF 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.