Stifel Financial Corp Grows Stock Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Stifel Financial Corp raised its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 120.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 28,659 shares of the exchange traded fund’s stock after buying an additional 15,630 shares during the quarter. Stifel Financial Corp’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $851,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. ORG Partners LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 146.1% during the fourth quarter. ORG Partners LLC now owns 7,293 shares of the exchange traded fund’s stock worth $217,000 after purchasing an additional 4,329 shares during the last quarter. HBW Advisory Services LLC raised its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 97.6% during the 4th quarter. HBW Advisory Services LLC now owns 54,820 shares of the exchange traded fund’s stock worth $1,628,000 after buying an additional 27,073 shares during the last quarter. Bruce G. Allen Investments LLC boosted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.4% in the 4th quarter. Bruce G. Allen Investments LLC now owns 18,303 shares of the exchange traded fund’s stock worth $544,000 after buying an additional 9,172 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. grew its stake in Schwab Fundamental U.S. Small Company Index ETF by 98.6% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 13,758 shares of the exchange traded fund’s stock valued at $409,000 after acquiring an additional 6,829 shares during the last quarter. Finally, Brookstone Capital Management increased its holdings in Schwab Fundamental U.S. Small Company Index ETF by 45.9% during the 4th quarter. Brookstone Capital Management now owns 11,282 shares of the exchange traded fund’s stock valued at $335,000 after acquiring an additional 3,547 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. The firm’s 50-day moving average is $26.59 and its two-hundred day moving average is $29.10. The company has a market capitalization of $8.12 billion, a PE ratio of 17.38 and a beta of 1.11. Schwab Fundamental U.S. Small Company Index ETF has a 12-month low of $23.49 and a 12-month high of $32.71.

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

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

Schwab Fundamental U.S. Small Company Index ETF 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.