RFG Advisory LLC Raises Stock Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

RFG Advisory LLC raised its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 107.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 33,017 shares of the exchange traded fund’s stock after buying an additional 17,080 shares during the quarter. RFG Advisory LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $981,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bristlecone Advisors LLC bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the third quarter valued at about $27,000. Bartlett & CO. Wealth Management LLC increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 972 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 486 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 482.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 565 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 468 shares during the period. Voisard Asset Management Group Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the third quarter worth approximately $37,000. Finally, Signature Resources Capital Management LLC grew its position in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Signature Resources Capital Management LLC now owns 1,232 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 616 shares during the period.

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

FNDA opened at $30.71 on Friday. The firm’s 50 day simple moving average is $30.72 and its two-hundred day simple moving average is $29.81. The company has a market capitalization of $4.51 billion, a PE ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $26.21 and a 1-year high of $32.71.

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.