Charles Schwab Trust Co Purchases 18,740 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA

Charles Schwab Trust Co grew its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 4.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 403,256 shares of the exchange traded fund’s stock after purchasing an additional 18,740 shares during the quarter. Schwab Fundamental U.S. Small Company ETF makes up approximately 0.8% of Charles Schwab Trust Co’s holdings, making the stock its 28th biggest position. Charles Schwab Trust Co owned about 0.14% of Schwab Fundamental U.S. Small Company ETF worth $12,707,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Breakwater Capital Group grew its position in Schwab Fundamental U.S. Small Company ETF by 14.7% during the fourth quarter. Breakwater Capital Group now owns 76,782 shares of the exchange traded fund’s stock valued at $2,419,000 after buying an additional 9,863 shares during the period. Dynamic Advisor Solutions LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 3.4% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 18,007 shares of the exchange traded fund’s stock worth $567,000 after acquiring an additional 599 shares during the period. Independence Wealth Advisors LLC bought a new position in Schwab Fundamental U.S. Small Company ETF in the fourth quarter worth approximately $214,000. Wedmont Private Capital boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 2.9% during the 4th quarter. Wedmont Private Capital now owns 16,519 shares of the exchange traded fund’s stock worth $539,000 after acquiring an additional 465 shares during the last quarter. Finally, CWA Asset Management Group LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 5.5% during the 4th quarter. CWA Asset Management Group LLC now owns 14,066 shares of the exchange traded fund’s stock worth $443,000 after acquiring an additional 739 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of FNDA stock opened at $31.65 on Monday. The company has a market cap of $9.04 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $23.49 and a 1 year high of $35.31. The firm has a fifty day moving average price of $33.77 and a 200-day moving average price of $32.19.

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