Schwab Fundamental U.S. Small Company ETF $FNDA Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp boosted its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 476.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,604 shares of the exchange traded fund’s stock after buying an additional 21,992 shares during the quarter. Fifth Third Bancorp’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $863,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Phillips Financial Management LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the fourth quarter valued at approximately $26,000. Russell Investments Group Ltd. boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 94.3% in the fourth quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 410 shares during the last quarter. Osbon Capital Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the fourth quarter worth approximately $28,000. Smartleaf Asset Management LLC increased its position in shares of Schwab Fundamental U.S. Small Company ETF by 214.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 654 shares in the last quarter. Finally, High Note Wealth LLC acquired a new position in Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at $34,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

NYSEARCA FNDA opened at $37.34 on Monday. The business has a fifty day moving average price of $36.83 and a 200 day moving average price of $34.98. The company has a market cap of $9.17 billion, a P/E ratio of 17.12 and a beta of 1.02. Schwab Fundamental U.S. Small Company ETF has a one year low of $28.43 and a one year high of $38.29.

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