62,608 Shares in Schwab Fundamental U.S. Small Company ETF $FNDA Purchased by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. bought a new position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 62,608 shares of the exchange traded fund’s stock, valued at approximately $1,951,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Clarius Group LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 3.4% during the 3rd quarter. Clarius Group LLC now owns 1,919,123 shares of the exchange traded fund’s stock worth $59,800,000 after purchasing an additional 63,396 shares during the period. Prairiewood Capital LLC boosted its position in 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 purchasing an additional 75,371 shares during the period. Moller Wealth Partners grew its stake in Schwab Fundamental U.S. Small Company ETF by 15.2% during the 2nd quarter. Moller Wealth Partners now owns 1,283,119 shares of the exchange traded fund’s stock worth $36,761,000 after buying an additional 168,858 shares during the last quarter. Riverpoint Wealth Management Holdings LLC grew its stake in Schwab Fundamental U.S. Small Company ETF by 3.5% during the 2nd quarter. Riverpoint Wealth Management Holdings LLC now owns 1,106,829 shares of the exchange traded fund’s stock worth $31,711,000 after buying an additional 37,945 shares during the last quarter. Finally, Solitude Financial Services increased its position in Schwab Fundamental U.S. Small Company ETF by 6.0% in the second quarter. Solitude Financial Services now owns 1,027,320 shares of the exchange traded fund’s stock worth $29,433,000 after buying an additional 57,939 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Performance

FNDA stock opened at $32.60 on Thursday. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $23.49 and a 1 year high of $32.96. The stock has a market capitalization of $9.28 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10. The stock’s fifty day moving average is $31.38 and its two-hundred day moving average is $30.74.

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.