Breakwater Capital Group Acquires 40,814 Shares of Schwab Fundamental U.S. Large Company ETF $FNDX

Breakwater Capital Group grew its holdings in Schwab Fundamental U.S. Large Company ETF (NYSEARCA:FNDX) by 15.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,870 shares of the company’s stock after purchasing an additional 40,814 shares during the quarter. 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Revolve Wealth Partners LLC bought a new stake in Schwab Fundamental U.S. Large Company ETF in the fourth quarter worth approximately $719,000. AQR Capital Management LLC bought a new position in shares of Schwab Fundamental U.S. Large Company ETF during the 1st quarter worth approximately $739,000. Jane Street Group LLC grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 39.9% during the 1st quarter. Jane Street Group LLC now owns 88,523 shares of the company’s stock worth $2,090,000 after buying an additional 25,267 shares during the period. Baird Financial Group Inc. grew its position in shares of Schwab Fundamental U.S. Large Company ETF by 2.5% during the 2nd quarter. Baird Financial Group Inc. now owns 26,919 shares of the company’s stock worth $661,000 after buying an additional 645 shares during the period. Finally, Qube Research & Technologies Ltd increased its stake in shares of Schwab Fundamental U.S. Large Company ETF by 6,798.4% in the 2nd quarter. Qube Research & Technologies Ltd now owns 17,039 shares of the company’s stock valued at $418,000 after acquiring an additional 16,792 shares in the last quarter.

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

NYSEARCA:FNDX opened at $30.85 on Thursday. Schwab Fundamental U.S. Large Company ETF has a twelve month low of $24.11 and a twelve month high of $31.56. The company has a fifty day moving average of $30.43 and a 200-day moving average of $28.93. The firm has a market capitalization of $26.57 billion, a P/E ratio of 17.86 and a beta of 0.87.

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.