First Trust Advisors LP Purchases New Shares in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

First Trust Advisors LP acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 12,820 shares of the exchange traded fund’s stock, valued at approximately $381,000.

A number of other hedge funds have also recently bought and sold shares of FNDA. Hamilton Point Investment Advisors LLC boosted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 420 shares during the last quarter. American Capital Advisory LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.1% during the 4th quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 442 shares in the last quarter. Bristlecone Advisors LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.1% in the 4th quarter. Bristlecone Advisors LLC now owns 913 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 459 shares during the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings 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 acquiring an additional 486 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 262.8% in the fourth quarter. Assetmark Inc. now owns 1,052 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 762 shares in the last quarter.

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

Shares of NYSEARCA:FNDA opened at $27.16 on Friday. Schwab Fundamental U.S. Small Company Index ETF has a 1 year low of $23.49 and a 1 year high of $32.71. The company has a market capitalization of $8.12 billion, a PE ratio of 17.38 and a beta of 1.11. The business has a fifty day moving average price of $26.59 and a two-hundred day moving average price of $29.10.

Schwab Fundamental U.S. Small Company Index ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a $0.051 dividend. The ex-dividend date was Wednesday, March 26th.

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.