Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Shares Purchased by GSB Wealth Management LLC

GSB Wealth Management LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 139.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 225,961 shares of the exchange traded fund’s stock after purchasing an additional 131,623 shares during the period. Schwab Fundamental U.S. Small Company Index ETF makes up about 1.7% of GSB Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. GSB Wealth Management LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $6,711,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,190 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 1,095 shares in the last quarter. Aspiring Ventures LLC purchased a new position in Schwab Fundamental U.S. Small Company Index ETF during the fourth quarter valued at $586,000. Fifth Third Bancorp lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 87.6% during the fourth quarter. Fifth Third Bancorp now owns 1,304 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 609 shares in the last quarter. Vishria Bird Financial Group LLC lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Vishria Bird Financial Group LLC now owns 18,768 shares of the exchange traded fund’s stock valued at $557,000 after purchasing an additional 9,384 shares in the last quarter. Finally, Patriot Investment Management Group Inc. lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Patriot Investment Management Group Inc. now owns 9,694 shares of the exchange traded fund’s stock valued at $288,000 after purchasing an additional 4,847 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 0.1 %

FNDA opened at $30.71 on Friday. The company has a market cap of $4.51 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a 52-week low of $26.21 and a 52-week high of $32.71. The firm’s fifty day simple moving average is $30.72 and its two-hundred day simple moving average is $29.79.

Schwab Fundamental U.S. Small Company Index 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.