Cerity Partners LLC Increases Stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Cerity Partners LLC grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 1,182.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 125,811 shares of the exchange traded fund’s stock after purchasing an additional 116,000 shares during the quarter. Cerity Partners LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $6,963,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of FNDA. Charles Schwab Investment Advisory Inc. raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 2.2% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 92,295,729 shares of the exchange traded fund’s stock worth $4,475,420,000 after buying an additional 1,971,133 shares in the last quarter. Waddell & Associates LLC raised its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 1.1% in the 3rd quarter. Waddell & Associates LLC now owns 1,245,374 shares of the exchange traded fund’s stock worth $60,388,000 after acquiring an additional 13,791 shares in the last quarter. Clarius Group LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 0.7% during the 3rd quarter. Clarius Group LLC now owns 1,098,625 shares of the exchange traded fund’s stock worth $53,272,000 after purchasing an additional 7,864 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Schwab Fundamental U.S. Small Company Index ETF by 55.9% during the third quarter. Ameriprise Financial Inc. now owns 853,747 shares of the exchange traded fund’s stock valued at $41,389,000 after purchasing an additional 306,204 shares in the last quarter. Finally, Morgan Stanley grew its stake in Schwab Fundamental U.S. Small Company Index ETF by 3.9% in the third quarter. Morgan Stanley now owns 780,967 shares of the exchange traded fund’s stock valued at $37,869,000 after purchasing an additional 29,408 shares during the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Performance

Shares of Schwab Fundamental U.S. Small Company Index ETF stock opened at $53.55 on Tuesday. Schwab Fundamental U.S. Small Company Index ETF has a one year low of $44.85 and a one year high of $57.30. The company has a market capitalization of $7.00 billion, a PE ratio of 13.99 and a beta of 1.19. The company has a 50-day simple moving average of $55.17 and a two-hundred day simple moving average of $52.35.

About Schwab Fundamental U.S. Small Company Index ETF

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks.