Cedar Point Capital Partners LLC Purchases 19,629 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Cedar Point Capital Partners LLC raised its position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 99.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,360 shares of the exchange traded fund’s stock after buying an additional 19,629 shares during the quarter. Schwab Fundamental U.S. Small Company Index ETF comprises about 0.8% of Cedar Point Capital Partners LLC’s portfolio, making the stock its 27th largest position. Cedar Point Capital Partners LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $1,169,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FNDA. Capasso Planning Partners LLC lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 10.6% during the third quarter. Capasso Planning Partners LLC now owns 5,428 shares of the exchange traded fund’s stock worth $323,000 after purchasing an additional 521 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the third quarter valued at about $1,122,000. Brookstone Capital Management boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 45.9% during the fourth quarter. Brookstone Capital Management now owns 11,282 shares of the exchange traded fund’s stock valued at $335,000 after purchasing an additional 3,547 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 70.1% during the third quarter. Jane Street Group LLC now owns 30,140 shares of the exchange traded fund’s stock worth $1,795,000 after purchasing an additional 12,424 shares during the last quarter. Finally, AE Wealth Management LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the second quarter valued at approximately $245,000.

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

NYSEARCA:FNDA opened at $30.71 on Thursday. Schwab Fundamental U.S. Small Company Index ETF has a one year low of $26.21 and a one year high of $32.71. The company has a market cap of $4.51 billion, a PE ratio of 14.98 and a beta of 1.18. The firm’s 50 day simple moving average is $30.73 and its 200 day simple moving average is $29.76.

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.