Vantagepoint Investment Advisers LLC Purchases New Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Vantagepoint Investment Advisers LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,566,243 shares of the exchange traded fund’s stock, valued at approximately $48,804,000.

A number of other hedge funds also recently bought and sold shares of FNDA. Clarius Group LLC increased its position in shares of Schwab Fundamental U.S. Small Company ETF by 3.4% in the third quarter. Clarius Group LLC now owns 1,919,123 shares of the exchange traded fund’s stock valued at $59,800,000 after buying an additional 63,396 shares in the last quarter. Prairiewood Capital LLC lifted its position in shares of Schwab Fundamental U.S. Small Company ETF by 4.3% during the 3rd quarter. Prairiewood Capital LLC now owns 1,831,118 shares of the exchange traded fund’s stock valued at $57,058,000 after buying an additional 75,371 shares in the last quarter. Riverpoint Wealth Management Holdings LLC grew its stake in Schwab Fundamental U.S. Small Company ETF by 3.5% in the 2nd quarter. Riverpoint Wealth Management Holdings LLC now owns 1,106,829 shares of the exchange traded fund’s stock valued at $31,711,000 after acquiring an additional 37,945 shares during the period. Solitude Financial Services increased its holdings in Schwab Fundamental U.S. Small Company ETF by 6.0% in the 2nd quarter. Solitude Financial Services now owns 1,027,320 shares of the exchange traded fund’s stock worth $29,433,000 after acquiring an additional 57,939 shares in the last quarter. Finally, Resonant Capital Advisors LLC increased its holdings in Schwab Fundamental U.S. Small Company ETF by 1.3% in the 3rd quarter. Resonant Capital Advisors LLC now owns 902,537 shares of the exchange traded fund’s stock worth $28,123,000 after acquiring an additional 11,885 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Down 1.5%

FNDA opened at $33.70 on Friday. The company has a market cap of $9.61 billion, a PE ratio of 17.12 and a beta of 1.10. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $23.49 and a twelve month high of $34.54. The company has a 50-day moving average price of $32.10 and a 200 day moving average price of $31.13.

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.