Mainstream Capital Management LLC Buys New Stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Mainstream Capital Management LLC bought a new stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the 4th quarter, HoldingsChannel reports. The fund bought 2,296 shares of the exchange traded fund’s stock, valued at approximately $68,000.

Other hedge funds also recently modified their holdings of the company. Hamilton Point Investment Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the 4th quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 420 shares during the last quarter. American Capital Advisory LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 101.1% during 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 raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 101.1% during the fourth quarter. Bristlecone Advisors LLC now owns 913 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 459 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during 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 increased 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 worth $32,000 after purchasing an additional 546 shares during the period.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 2.1 %

Shares of FNDA opened at $28.50 on Tuesday. Schwab Fundamental U.S. Small Company Index ETF has a 12-month low of $26.38 and a 12-month high of $32.71. The firm has a market capitalization of $8.89 billion, a price-to-earnings ratio of 17.80 and a beta of 1.22. The stock’s 50-day moving average price is $30.02 and its 200 day moving average price is $30.06.

About Schwab Fundamental U.S. Small Company Index ETF

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.