Schwab Fundamental U.S. Small Company ETF $FNDA Holdings Raised by Seven Springs Wealth Group LLC

Seven Springs Wealth Group LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 6.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 452,746 shares of the exchange traded fund’s stock after purchasing an additional 29,138 shares during the quarter. Schwab Fundamental U.S. Small Company ETF comprises approximately 3.4% of Seven Springs Wealth Group LLC’s holdings, making the stock its 8th biggest position. Seven Springs Wealth Group LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $14,108,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FNDA. Cullen Frost Bankers Inc. purchased a new stake in Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth approximately $28,000. Atlantic Union Bankshares Corp acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 2nd quarter worth about $35,000. PFS Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the third quarter valued at approximately $39,000. Pin Oak Investment Advisors Inc. purchased a new position in Schwab Fundamental U.S. Small Company ETF in the 2nd quarter valued at $43,000. Finally, Blue Trust Inc. acquired a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter worth about $49,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

FNDA stock opened at $34.41 on Friday. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $23.49 and a 1 year high of $35.31. The firm has a market capitalization of $9.83 billion, a PE ratio of 17.12 and a beta of 1.10. The business has a 50 day simple moving average of $33.56 and a 200-day simple moving average of $31.94.

Schwab Fundamental U.S. Small Company ETF 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.