Breakwater Capital Group Grows Stock Position in Schwab Fundamental U.S. Large Company ETF $FNDX

Breakwater Capital Group increased its stake in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 5.6% in the second quarter, Holdings Channel reports. The institutional investor owned 326,127 shares of the company’s stock after acquiring an additional 17,257 shares during the period. Schwab Fundamental U.S. Large Company ETF makes up about 1.2% of Breakwater Capital Group’s investment portfolio, making the stock its 16th biggest holding. Breakwater Capital Group’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $10,143,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Belpointe Asset Management LLC lifted its stake in shares of Schwab Fundamental U.S. Large Company ETF by 3.1% during the 4th quarter. Belpointe Asset Management LLC now owns 1,345,095 shares of the company’s stock worth $36,600,000 after acquiring an additional 40,963 shares during the last quarter. BCS Wealth Management boosted its holdings in Schwab Fundamental U.S. Large Company ETF by 163.4% during the 4th quarter. BCS Wealth Management now owns 469,554 shares of the company’s stock valued at $12,777,000 after acquiring an additional 291,280 shares during the period. Millstone Evans Group LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at $1,160,000. Williams Financial LLC bought a new position in Schwab Fundamental U.S. Large Company ETF in the 4th quarter valued at $14,741,000. Finally, Csenge Advisory Group increased its stake in Schwab Fundamental U.S. Large Company ETF by 87.7% in the fourth quarter. Csenge Advisory Group now owns 76,281 shares of the company’s stock worth $2,076,000 after purchasing an additional 35,646 shares during the period.

Schwab Fundamental U.S. Large Company ETF Stock Up 0.4%

FNDX stock opened at $32.31 on Friday. The firm has a market cap of $27.27 billion, a price-to-earnings ratio of 17.86 and a beta of 0.87. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $24.75 and a twelve month high of $32.47. The business’s fifty day simple moving average is $31.34 and its two-hundred day simple moving average is $29.82.

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.