Breakwater Capital Group Acquires 149,914 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Breakwater Capital Group increased its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 126.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 268,056 shares of the company’s stock after purchasing an additional 149,914 shares during the quarter. Schwab Fundamental U.S. Large Company ETF makes up 1.0% of Breakwater Capital Group’s investment portfolio, making the stock its 20th biggest holding. Breakwater Capital Group’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $7,294,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of FNDX. Bogart Wealth LLC grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 91.5% in the 3rd quarter. Bogart Wealth LLC now owns 1,626 shares of the company’s stock valued at $43,000 after buying an additional 777 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the third quarter valued at about $43,000. Fifth Third Bancorp bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter worth about $44,000. Manning & Napier Advisors LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the third quarter worth about $50,000. Finally, LGT Financial Advisors LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 11,188.2% in the third quarter. LGT Financial Advisors LLC now owns 1,919 shares of the company’s stock worth $50,000 after acquiring an additional 1,902 shares during the period.

Schwab Fundamental U.S. Large Company ETF Price Performance

Shares of FNDX stock opened at $27.51 on Monday. The business’s 50 day simple moving average is $28.50 and its 200 day simple moving average is $27.34. Schwab Fundamental U.S. Large Company ETF has a one year low of $20.41 and a one year high of $29.37. The stock has a market capitalization of $22.79 billion, a PE ratio of 17.86 and a beta of 0.93.

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.