PTM Wealth Management LLC Increases Holdings in Schwab Fundamental U.S. Large Company ETF $FNDX

PTM Wealth Management LLC raised its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 3.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,310,154 shares of the company’s stock after acquiring an additional 48,505 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up 20.5% of PTM Wealth Management LLC’s investment portfolio, making the stock its largest position. PTM Wealth Management LLC owned about 0.16% of Schwab Fundamental U.S. Large Company ETF worth $36,304,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Bogart Wealth LLC raised its stake in Schwab Fundamental U.S. Large Company ETF by 91.5% in the third quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock valued at $43,000 after purchasing an additional 777 shares in the last quarter. First Command Advisory Services Inc. purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter worth approximately $43,000. Fifth Third Bancorp purchased a new position in Schwab Fundamental U.S. Large Company ETF in the 3rd quarter worth approximately $44,000. Manning & Napier Advisors LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter worth $50,000. Finally, LGT Financial Advisors LLC increased its holdings in shares of Schwab Fundamental U.S. Large Company ETF by 11,188.2% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,919 shares of the company’s stock worth $50,000 after buying an additional 1,902 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $27.75 on Tuesday. Schwab Fundamental U.S. Large Company ETF has a fifty-two week low of $20.41 and a fifty-two week high of $29.37. The stock has a market cap of $22.99 billion, a P/E ratio of 17.86 and a beta of 0.93. The firm’s fifty day moving average price is $28.50 and its 200-day moving average price is $27.35.

About Schwab Fundamental U.S. Large Company ETF

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.