Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Reaches New 52-Week High – Here’s Why

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) shares hit a new 52-week high on Tuesday . The company traded as high as $38.34 and last traded at $38.34, with a volume of 111287 shares trading hands. The stock had previously closed at $37.77.

Schwab Fundamental U.S. Small Company ETF Price Performance

The firm’s 50 day simple moving average is $37.08 and its 200-day simple moving average is $35.16. The company has a market cap of $9.40 billion, a price-to-earnings ratio of 17.12 and a beta of 1.03.

Institutional Trading of Schwab Fundamental U.S. Small Company ETF

A number of large investors have recently made changes to their positions in FNDA. Charles Schwab Trust Co increased its position in Schwab Fundamental U.S. Small Company ETF by 1.6% in the 2nd quarter. Charles Schwab Trust Co now owns 431,168 shares of the exchange traded fund’s stock valued at $16,410,000 after acquiring an additional 6,659 shares during the period. Breakwater Capital Group lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 6.2% during the second quarter. Breakwater Capital Group now owns 86,975 shares of the exchange traded fund’s stock worth $3,310,000 after purchasing an additional 5,084 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 89.4% during the second quarter. GAMMA Investing LLC now owns 1,375 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 649 shares during the period. Trilogy Capital Inc. grew its position in Schwab Fundamental U.S. Small Company ETF by 0.3% in the 2nd quarter. Trilogy Capital Inc. now owns 622,642 shares of the exchange traded fund’s stock valued at $23,698,000 after buying an additional 1,953 shares during the last quarter. Finally, Collective Family Office LLC grew its position in Schwab Fundamental U.S. Small Company ETF by 4.3% in the 2nd quarter. Collective Family Office LLC now owns 390,724 shares of the exchange traded fund’s stock valued at $14,871,000 after buying an additional 16,116 shares during the last quarter.

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.