Avantax Advisory Services Inc. Buys 3,993 Shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA)

Avantax Advisory Services Inc. raised its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 7.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,269 shares of the exchange traded fund’s stock after purchasing an additional 3,993 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $1,596,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Continuum Advisory LLC boosted its position in shares of Schwab Fundamental U.S. Small Company ETF by 140.5% during the fourth quarter. Continuum Advisory LLC now owns 909 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 531 shares in the last quarter. Bernard Wealth Management Corp. purchased a new position in Schwab Fundamental U.S. Small Company ETF during the first quarter valued at $33,000. Quadrant Capital Group LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter valued at $43,000. Brown Brothers Harriman & Co. purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter worth about $47,000. Finally, FAS Wealth Partners Inc. increased its stake in shares of Schwab Fundamental U.S. Small Company ETF by 97.6% in the 4th quarter. FAS Wealth Partners Inc. now owns 1,662 shares of the exchange traded fund’s stock worth $49,000 after acquiring an additional 821 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Price Performance

NYSEARCA:FNDA opened at $29.21 on Friday. The firm has a market capitalization of $8.39 billion, a P/E ratio of 17.12 and a beta of 1.19. Schwab Fundamental U.S. Small Company ETF has a one year low of $23.49 and a one year high of $32.71. The company’s 50-day simple moving average is $28.78 and its 200 day simple moving average is $28.29.

Schwab Fundamental U.S. Small Company ETF Company 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.