Schwab Fundamental U.S. Small Company ETF $FNDA Stake Boosted by Shore Point Advisors LLC

Shore Point Advisors LLC lifted its position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 9.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 455,135 shares of the exchange traded fund’s stock after purchasing an additional 38,720 shares during the period. Schwab Fundamental U.S. Small Company ETF comprises 6.3% of Shore Point Advisors LLC’s portfolio, making the stock its 6th largest holding. Shore Point Advisors LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $14,182,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FNDA. Warner Financial Inc. boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 2.4% in the 2nd quarter. Warner Financial Inc. now owns 18,241 shares of the exchange traded fund’s stock worth $523,000 after buying an additional 423 shares during the period. Horan Securities Inc. lifted its position in shares of Schwab Fundamental U.S. Small Company ETF by 2.8% in the second quarter. Horan Securities Inc. now owns 17,257 shares of the exchange traded fund’s stock valued at $494,000 after acquiring an additional 473 shares in the last quarter. HHM Wealth Advisors LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 0.6% in the second quarter. HHM Wealth Advisors LLC now owns 89,850 shares of the exchange traded fund’s stock worth $2,574,000 after acquiring an additional 500 shares during the period. Salomon & Ludwin LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 110.7% in the second quarter. Salomon & Ludwin LLC now owns 982 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 516 shares during the period. Finally, Boyce & Associates Wealth Consulting Inc. grew its position in shares of Schwab Fundamental U.S. Small Company ETF by 4.8% during the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 14,003 shares of the exchange traded fund’s stock worth $436,000 after purchasing an additional 643 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.9%

Shares of FNDA opened at $33.33 on Monday. The business’s 50 day moving average is $31.49 and its 200 day moving average is $30.83. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $23.49 and a 12-month high of $33.41. The company has a market capitalization of $9.49 billion, a PE ratio of 17.12 and a beta of 1.10.

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.