Independent Advisor Alliance Takes Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Independent Advisor Alliance bought a new stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 11,955 shares of the exchange traded fund’s stock, valued at approximately $355,000.

Other hedge funds have also modified their holdings of the company. MidAtlantic Capital Management Inc. acquired a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the third quarter valued at about $44,000. Hamilton Point Investment Advisors LLC raised its position 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 during the last quarter. American Capital Advisory LLC increased its position 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 worth $26,000 after purchasing an additional 442 shares during the last quarter. Bristlecone Advisors LLC increased its position 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 worth $27,000 after purchasing an additional 459 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its position 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 worth $29,000 after purchasing an additional 486 shares during the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Trading Down 0.6 %

Schwab Fundamental U.S. Small Company Index ETF stock opened at $27.66 on Wednesday. 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 stock has a market cap of $8.63 billion, a P/E ratio of 17.80 and a beta of 1.22. The company has a 50-day moving average price of $29.52 and a 200 day moving average price of $29.95.

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.