Schwab Fundamental U.S. Small Company ETF $FNDA Shares Bought by Riverpoint Wealth Management Holdings LLC

Riverpoint Wealth Management Holdings LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 1.3% in the 1st quarter, Holdings Channel reports. The fund owned 1,157,772 shares of the exchange traded fund’s stock after acquiring an additional 14,946 shares during the quarter. Schwab Fundamental U.S. Small Company ETF accounts for approximately 8.0% of Riverpoint Wealth Management Holdings LLC’s investment portfolio, making the stock its 5th biggest position. Riverpoint Wealth Management Holdings LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $37,547,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FNDA. Silver Oak Securities Incorporated boosted its stake in Schwab Fundamental U.S. Small Company ETF by 53.8% in the 4th quarter. Silver Oak Securities Incorporated now owns 44,419 shares of the exchange traded fund’s stock worth $1,415,000 after purchasing an additional 15,532 shares during the period. Steele Capital Management Inc. raised its stake in shares of Schwab Fundamental U.S. Small Company ETF by 4.2% in the 4th quarter. Steele Capital Management Inc. now owns 2,047,126 shares of the exchange traded fund’s stock valued at $64,505,000 after purchasing an additional 81,671 shares during the period. Shore Point Advisors LLC raised its stake in shares of Schwab Fundamental U.S. Small Company ETF by 31.8% in the 4th quarter. Shore Point Advisors LLC now owns 599,669 shares of the exchange traded fund’s stock valued at $18,896,000 after purchasing an additional 144,534 shares during the period. Prairiewood Capital LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 8.7% in the fourth quarter. Prairiewood Capital LLC now owns 1,989,955 shares of the exchange traded fund’s stock valued at $62,703,000 after purchasing an additional 158,837 shares in the last quarter. Finally, Capital Advantage Inc. lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 18.1% in the fourth quarter. Capital Advantage Inc. now owns 128,900 shares of the exchange traded fund’s stock valued at $4,062,000 after purchasing an additional 19,723 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Price Performance

FNDA stock opened at $37.32 on Tuesday. The stock has a market capitalization of $9.15 billion, a P/E ratio of 17.12 and a beta of 1.02. Schwab Fundamental U.S. Small Company ETF has a fifty-two week low of $28.43 and a fifty-two week high of $38.29. The business has a 50-day moving average of $36.49 and a 200-day moving average of $34.62.

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.