Avantax Advisory Services Inc. Purchases 14,861 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA

Avantax Advisory Services Inc. raised its position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 25.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 73,130 shares of the exchange traded fund’s stock after buying an additional 14,861 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $2,095,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC lifted its position in Schwab Fundamental U.S. Small Company ETF by 97.5% during the fourth quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock valued at $379,000 after acquiring an additional 6,299 shares during the last quarter. Revolve Wealth Partners LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF in the fourth quarter worth $256,000. PFG Advisors increased its position in shares of Schwab Fundamental U.S. Small Company ETF by 14.5% during the first quarter. PFG Advisors now owns 15,679 shares of the exchange traded fund’s stock worth $429,000 after purchasing an additional 1,983 shares in the last quarter. Tempus Wealth Planning LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 3.5% during the 1st quarter. Tempus Wealth Planning LLC now owns 15,817 shares of the exchange traded fund’s stock valued at $433,000 after purchasing an additional 531 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 19.7% during the 1st quarter. Cetera Investment Advisers now owns 107,948 shares of the exchange traded fund’s stock valued at $2,957,000 after purchasing an additional 17,739 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of FNDA stock opened at $30.24 on Friday. Schwab Fundamental U.S. Small Company ETF has a 1-year low of $23.49 and a 1-year high of $32.71. The stock’s fifty day moving average price is $30.88 and its 200 day moving average price is $29.79. The company has a market cap of $8.61 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10.

About Schwab Fundamental U.S. Small Company 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.