Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Shares Bought by Mengis Capital Management Inc.

Mengis Capital Management Inc. grew its position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 93.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,508 shares of the exchange traded fund’s stock after acquiring an additional 7,024 shares during the quarter. Mengis Capital Management Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $431,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hamilton Point Investment Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 420 shares in the last quarter. American Capital Advisory LLC grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.1% in the fourth quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 442 shares in the last quarter. Bristlecone Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the third quarter valued at about $27,000. Bartlett & CO. Wealth Management LLC grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 972 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 486 shares in the last quarter. Finally, Iron Horse Wealth Management LLC grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 1,092 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 546 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Performance

Shares of FNDA opened at $29.22 on Tuesday. The company has a market capitalization of $4.30 billion, a P/E ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a one year low of $26.38 and a one year high of $32.71. The stock has a 50-day moving average price of $30.09 and a 200 day moving average price of $30.02.

Schwab Fundamental U.S. Small Company Index 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.