AlphaCore Capital LLC Has $28.58 Million Stake in Schwab Fundamental U.S. Small Company ETF $FNDA

AlphaCore Capital LLC increased its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 2.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 917,082 shares of the exchange traded fund’s stock after buying an additional 19,517 shares during the period. Schwab Fundamental U.S. Small Company ETF accounts for about 1.0% of AlphaCore Capital LLC’s investment portfolio, making the stock its 22nd biggest holding. AlphaCore Capital LLC owned approximately 0.32% of Schwab Fundamental U.S. Small Company ETF worth $28,576,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in Schwab Fundamental U.S. Small Company ETF by 97.5% during the 4th quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock worth $379,000 after acquiring an additional 6,299 shares during the period. Revolve Wealth Partners LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter worth $256,000. Royal Bank of Canada grew its stake in shares of Schwab Fundamental U.S. Small Company ETF by 58.3% during the first quarter. Royal Bank of Canada now owns 104,110 shares of the exchange traded fund’s stock worth $2,852,000 after purchasing an additional 38,354 shares during the period. AQR Capital Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the first quarter worth $711,000. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the first quarter worth $274,000.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.4%

NYSEARCA:FNDA opened at $34.57 on Thursday. Schwab Fundamental U.S. Small Company ETF has a 1-year low of $23.49 and a 1-year high of $35.31. The business’s 50-day moving average price is $33.45 and its two-hundred day moving average price is $31.89. The firm has a market capitalization of $9.87 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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.