Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) is Charles Schwab Investment Management Inc.’s 10th Largest Position

Charles Schwab Investment Management Inc. grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 101.7% in the fourth quarter, Holdings Channel reports. The firm owned 199,188,684 shares of the exchange traded fund’s stock after acquiring an additional 100,433,280 shares during the period. Schwab Fundamental U.S. Small Company Index ETF accounts for approximately 1.1% of Charles Schwab Investment Management Inc.’s holdings, making the stock its 10th largest position. Charles Schwab Investment Management Inc. owned approximately 1.36% of Schwab Fundamental U.S. Small Company Index ETF worth $5,915,904,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,758 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 879 shares during the period. Auxano Advisors LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.1% during the fourth quarter. Auxano Advisors LLC now owns 12,236 shares of the exchange traded fund’s stock valued at $363,000 after purchasing an additional 6,150 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 370.7% during the fourth quarter. Jones Financial Companies Lllp now owns 11,547 shares of the exchange traded fund’s stock valued at $343,000 after purchasing an additional 9,094 shares during the period. Modera Wealth Management LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 128.4% in the fourth quarter. Modera Wealth Management LLC now owns 20,223 shares of the exchange traded fund’s stock valued at $601,000 after acquiring an additional 11,367 shares in the last quarter. Finally, US Bancorp DE raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 129.7% in the fourth quarter. US Bancorp DE now owns 9,459 shares of the exchange traded fund’s stock valued at $281,000 after acquiring an additional 5,341 shares in the last quarter.

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

FNDA stock opened at $28.50 on Tuesday. The business has a 50-day moving average price of $30.02 and a 200 day moving average price of $30.06. The company has a market capitalization of $8.89 billion, a P/E ratio of 17.80 and a beta of 1.22. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $26.38 and a 1-year high of $32.71.

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.