Breakwater Capital Group Has $8.60 Million Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Breakwater Capital Group raised its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 15.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 308,870 shares of the company’s stock after buying an additional 40,814 shares during the period. Schwab Fundamental U.S. Large Company ETF comprises about 1.2% of Breakwater Capital Group’s portfolio, making the stock its 17th biggest position. Breakwater Capital Group’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $8,602,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Keenan LLC acquired a new position in shares of Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth approximately $27,000. Resources Management Corp CT ADV bought a new stake in Schwab Fundamental U.S. Large Company ETF in the fourth quarter valued at approximately $27,000. Capital Investment Advisory Services LLC increased its position in Schwab Fundamental U.S. Large Company ETF by 82.8% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,358 shares of the company’s stock valued at $37,000 after purchasing an additional 615 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in Schwab Fundamental U.S. Large Company ETF during the 4th quarter valued at approximately $39,000. Finally, RHL Group LLC bought a new position in Schwab Fundamental U.S. Large Company ETF during the 4th quarter worth approximately $41,000.

Schwab Fundamental U.S. Large Company ETF Stock Performance

Schwab Fundamental U.S. Large Company ETF stock opened at $30.85 on Thursday. The firm has a market cap of $26.57 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a 52-week low of $24.11 and a 52-week high of $31.56. The firm has a 50 day moving average price of $30.43 and a two-hundred day moving average price of $28.93.

Schwab Fundamental U.S. Large Company 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.