Dynamic Advisor Solutions LLC Buys Shares of 15,481 Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA)

Dynamic Advisor Solutions LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,481 shares of the exchange traded fund’s stock, valued at approximately $424,000.

A number of other hedge funds have also made changes to their positions in FNDA. Principal Securities Inc. raised its position in Schwab Fundamental U.S. Small Company ETF by 178.5% during the fourth quarter. Principal Securities Inc. now owns 3,434 shares of the exchange traded fund’s stock valued at $102,000 after acquiring an additional 2,201 shares in the last quarter. Bank of Montreal Can increased its stake in shares of Schwab Fundamental U.S. Small Company ETF by 107.9% during the 4th quarter. Bank of Montreal Can now owns 15,042 shares of the exchange traded fund’s stock worth $447,000 after purchasing an additional 7,806 shares during the last quarter. Venturi Wealth Management LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 100.1% during the 4th quarter. Venturi Wealth Management LLC now owns 1,745 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 873 shares in the last quarter. US Bancorp DE raised its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 129.7% during the 4th quarter. US Bancorp DE now owns 9,459 shares of the exchange traded fund’s stock valued at $281,000 after purchasing an additional 5,341 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 101.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 10,196 shares of the exchange traded fund’s stock valued at $303,000 after purchasing an additional 5,138 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Price Performance

NYSEARCA FNDA opened at $27.98 on Thursday. Schwab Fundamental U.S. Small Company ETF has a fifty-two week low of $23.49 and a fifty-two week high of $32.71. The stock’s 50-day moving average is $27.10 and its two-hundred day moving average is $28.54. The firm has a market cap of $8.15 billion, a P/E ratio of 17.44 and a beta of 1.10.

Schwab Fundamental U.S. Small Company ETF Profile

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.