99,173 Shares in Schwab Fundamental U.S. Small Company ETF $FNDA Bought by Sowell Financial Services LLC

Sowell Financial Services LLC acquired a new stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) during the third quarter, Holdings Channel.com reports. The firm acquired 99,173 shares of the exchange traded fund’s stock, valued at approximately $3,471,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Prairiewood Capital LLC boosted its position in Schwab Fundamental U.S. Small Company ETF by 3.9% during the third quarter. Prairiewood Capital LLC now owns 2,170,316 shares of the exchange traded fund’s stock worth $75,961,000 after purchasing an additional 82,062 shares during the period. Moller Wealth Partners acquired a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter valued at approximately $43,342,000. Wealth Forward LLC grew its holdings in Schwab Fundamental U.S. Small Company ETF by 91.0% during the third quarter. Wealth Forward LLC now owns 1,153,317 shares of the exchange traded fund’s stock valued at $40,366,000 after purchasing an additional 549,476 shares during the last quarter. Riverpoint Wealth Management Holdings LLC grew its holdings in Schwab Fundamental U.S. Small Company ETF by 1.3% during the first quarter. Riverpoint Wealth Management Holdings LLC now owns 1,157,772 shares of the exchange traded fund’s stock valued at $37,547,000 after purchasing an additional 14,946 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 1.4% in the first quarter. Bank of America Corp DE now owns 900,070 shares of the exchange traded fund’s stock valued at $29,189,000 after purchasing an additional 12,819 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Up 0.2%

NYSEARCA:FNDA opened at $35.74 on Thursday. The company’s 50 day moving average is $36.37 and its 200-day moving average is $36.37. Schwab Fundamental U.S. Small Company ETF has a 12 month low of $29.31 and a 12 month high of $38.59. The firm has a market cap of $8.82 billion, a price-to-earnings ratio of 17.12 and a beta of 1.05.

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.