48,417 Shares in Schwab Fundamental U.S. Small Company ETF $FNDA Purchased by Summitry LLC

Summitry LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 48,417 shares of the exchange traded fund’s stock, valued at approximately $1,526,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sowell Financial Services LLC grew its holdings in Schwab Fundamental U.S. Small Company ETF by 0.3% during the fourth quarter. Sowell Financial Services LLC now owns 114,859 shares of the exchange traded fund’s stock worth $3,619,000 after purchasing an additional 343 shares during the period. MCF Advisors LLC lifted its position in Schwab Fundamental U.S. Small Company ETF by 7.6% during the third quarter. MCF Advisors LLC now owns 5,697 shares of the exchange traded fund’s stock worth $178,000 after acquiring an additional 403 shares during the last quarter. Comerica Bank lifted its position in Schwab Fundamental U.S. Small Company ETF by 1.7% during the fourth quarter. Comerica Bank now owns 25,362 shares of the exchange traded fund’s stock worth $799,000 after acquiring an additional 413 shares during the last quarter. Midwest Trust Co lifted its position in Schwab Fundamental U.S. Small Company ETF by 5.4% during the third quarter. Midwest Trust Co now owns 8,778 shares of the exchange traded fund’s stock worth $274,000 after acquiring an additional 450 shares during the last quarter. Finally, Wedmont Private Capital lifted its position in Schwab Fundamental U.S. Small Company ETF by 2.9% during the fourth 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.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of FNDA stock opened at $35.70 on Tuesday. The firm has a 50 day moving average price of $34.19 and a two-hundred day moving average price of $33.23. The company has a market capitalization of $10.24 billion, a PE ratio of 17.12 and a beta of 1.05. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $26.96 and a 12-month high of $36.32.

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.