Schwab Fundamental U.S. Small Company ETF $FNDA is Waddell & Associates LLC’s 4th Largest Position

Waddell & Associates LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,823,762 shares of the exchange traded fund’s stock after buying an additional 41,512 shares during the quarter. Schwab Fundamental U.S. Small Company ETF comprises about 6.0% of Waddell & Associates LLC’s investment portfolio, making the stock its 4th largest holding. Waddell & Associates LLC owned approximately 0.99% of Schwab Fundamental U.S. Small Company ETF worth $88,977,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FNDA. Brighton Jones LLC lifted its position in shares of Schwab Fundamental U.S. Small Company ETF by 97.5% during the fourth quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock valued at $379,000 after buying an additional 6,299 shares during the last quarter. Revolve Wealth Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the fourth quarter valued at about $256,000. Royal Bank of Canada lifted its position in shares of Schwab Fundamental U.S. Small Company ETF by 58.3% during the first quarter. Royal Bank of Canada now owns 104,110 shares of the exchange traded fund’s stock valued at $2,852,000 after buying an additional 38,354 shares during the last quarter. AQR Capital Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the first quarter valued at about $711,000. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the first quarter valued at about $274,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

FNDA stock opened at $35.98 on Tuesday. The firm has a market cap of $10.32 billion, a price-to-earnings ratio of 17.12 and a beta of 1.03. The firm has a 50-day simple moving average of $34.97 and a two-hundred day simple moving average of $33.63. Schwab Fundamental U.S. Small Company ETF has a one year low of $27.68 and a one year high of $36.53.

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.