Schwab Fundamental U.S. Small Company ETF $FNDA Stock: Wealth Forward LLC Grows Stake

Wealth Forward LLC grew its position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 91.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,153,317 shares of the exchange traded fund’s stock after buying an additional 549,476 shares during the period. Schwab Fundamental U.S. Small Company ETF makes up 17.9% of Wealth Forward LLC’s holdings, making the stock its biggest position. Wealth Forward LLC owned 0.47% of Schwab Fundamental U.S. Small Company ETF worth $40,366,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Johnson Bixby & Associates LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 39.2% in the 1st quarter. Johnson Bixby & Associates LLC now owns 298,854 shares of the exchange traded fund’s stock worth $9,692,000 after purchasing an additional 84,221 shares in the last quarter. Solitude Financial Services increased its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 3.0% during the first quarter. Solitude Financial Services now owns 1,029,893 shares of the exchange traded fund’s stock worth $35,573,000 after purchasing an additional 30,300 shares during the period. Concurrent Investment Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter valued at approximately $1,580,000. HORAN Wealth LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 102.0% in the first quarter. HORAN Wealth LLC now owns 577,082 shares of the exchange traded fund’s stock valued at $18,680,000 after buying an additional 291,350 shares in the last quarter. Finally, Flatrock Wealth Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the first quarter valued at approximately $1,668,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of FNDA stock traded down $0.59 during trading on Wednesday, hitting $35.09. The company had a trading volume of 1,175,092 shares, compared to its average volume of 1,121,975. The firm has a market capitalization of $8.65 billion, a P/E ratio of 17.12 and a beta of 1.05. Schwab Fundamental U.S. Small Company ETF has a one year low of $29.31 and a one year high of $38.59. The stock’s 50-day moving average price is $36.68 and its 200 day moving average price is $36.24.

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.