Charles Schwab Trust Co Has $11.98 Million Stake in Schwab Fundamental U.S. Small Company ETF $FNDA

Charles Schwab Trust Co raised its position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 9.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 384,516 shares of the exchange traded fund’s stock after buying an additional 32,802 shares during the quarter. Schwab Fundamental U.S. Small Company ETF comprises about 0.8% of Charles Schwab Trust Co’s portfolio, making the stock its 27th largest position. Charles Schwab Trust Co owned about 0.13% of Schwab Fundamental U.S. Small Company ETF worth $11,982,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FNDA. Salomon & Ludwin LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 110.7% in the 2nd quarter. Salomon & Ludwin LLC now owns 982 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 516 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in Schwab Fundamental U.S. Small Company ETF by 4,979.2% in the first quarter. Smartleaf Asset Management LLC now owns 1,219 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 1,195 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Schwab Fundamental U.S. Small Company ETF in the 2nd quarter valued at approximately $35,000. SYM FINANCIAL Corp acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 2nd quarter valued at $36,000. Finally, Hoey Investments Inc. bought a new stake in Schwab Fundamental U.S. Small Company ETF during the 2nd quarter worth approximately $43,000.

Schwab Fundamental U.S. Small Company ETF Stock Up 0.3%

NYSEARCA FNDA opened at $32.01 on Friday. The company has a market capitalization of $9.12 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10. The stock has a fifty day simple moving average of $31.10 and a 200 day simple moving average of $30.38. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $23.49 and a twelve month high of $32.72.

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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.