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

Breakwater Capital Group grew its position in shares of Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 13.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 368,368 shares of the company’s stock after purchasing an additional 42,241 shares during the quarter. Schwab Fundamental U.S. Large Company ETF accounts for about 1.4% of Breakwater Capital Group’s holdings, making the stock its 14th biggest holding. Breakwater Capital Group’s holdings in Schwab Fundamental U.S. Large Company ETF were worth $11,593,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Chapin Davis Inc. acquired a new stake in shares of Schwab Fundamental U.S. Large Company ETF in the 3rd quarter worth about $236,000. Go Invest LLC acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at about $2,098,000. Diversified Management Inc. acquired a new position in Schwab Fundamental U.S. Large Company ETF during the 3rd quarter valued at about $1,614,000. Farther Finance Advisors LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 4.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 142,647 shares of the company’s stock worth $4,489,000 after purchasing an additional 5,668 shares during the last quarter. Finally, CoreCap Advisors LLC grew its position in Schwab Fundamental U.S. Large Company ETF by 51.8% in the 3rd quarter. CoreCap Advisors LLC now owns 49,262 shares of the company’s stock worth $1,550,000 after purchasing an additional 16,815 shares during the last quarter.

Schwab Fundamental U.S. Large Company ETF Trading Up 0.6%

Shares of NYSEARCA:FNDX opened at $32.09 on Friday. The firm’s 50 day moving average is $32.25 and its two-hundred day moving average is $30.98. The firm has a market capitalization of $27.68 billion, a P/E ratio of 17.86 and a beta of 0.88. Schwab Fundamental U.S. Large Company ETF has a 52 week low of $25.67 and a 52 week high of $32.85.

Schwab Fundamental U.S. Large Company ETF Company 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.