Breakwater Investment Management Has $128,000 Stock Holdings in Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX)

Breakwater Investment Management boosted its stake in shares of Schwab Fundamental U.S. Large Company Index ETF (NYSEARCA:FNDX) by 200.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,388 shares of the company’s stock after purchasing an additional 3,592 shares during the quarter. Breakwater Investment Management’s holdings in Schwab Fundamental U.S. Large Company Index ETF were worth $128,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pinnacle Bancorp Inc. boosted its holdings in shares of Schwab Fundamental U.S. Large Company Index ETF by 700.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,249 shares of the company’s stock worth $30,000 after buying an additional 1,093 shares during the period. Castleview Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $32,000. Decker Retirement Planning Inc. bought a new stake in shares of Schwab Fundamental U.S. Large Company Index ETF during the fourth quarter worth approximately $36,000. Global Wealth Strategies & Associates grew its position in shares of Schwab Fundamental U.S. Large Company Index ETF by 201.0% in the fourth quarter. Global Wealth Strategies & Associates now owns 1,731 shares of the company’s stock valued at $41,000 after purchasing an additional 1,156 shares during the last quarter. Finally, Indiana Trust & Investment Management Co bought a new position in shares of Schwab Fundamental U.S. Large Company Index ETF during the third quarter worth approximately $50,000.

Schwab Fundamental U.S. Large Company Index ETF Price Performance

FNDX opened at $24.37 on Tuesday. The business has a fifty day simple moving average of $24.29 and a 200 day simple moving average of $23.69. Schwab Fundamental U.S. Large Company Index ETF has a 1 year low of $20.22 and a 1 year high of $25.17. The company has a market capitalization of $5.58 billion, a PE ratio of 17.79 and a beta of 0.84.

Schwab Fundamental U.S. Large Company Index 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.