Comerica Bank Has $811,000 Stock Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Comerica Bank boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 108.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,306 shares of the exchange traded fund’s stock after acquiring an additional 14,178 shares during the quarter. Comerica Bank’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $811,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management raised its position 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 worth $335,000 after acquiring an additional 3,547 shares during the last quarter. Capital Investment Advisors LLC increased its position in Schwab Fundamental U.S. Small Company Index ETF by 116.1% during the 4th quarter. Capital Investment Advisors LLC now owns 7,824 shares of the exchange traded fund’s stock valued at $232,000 after purchasing an additional 4,204 shares during the period. Wedmont Private Capital raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the 4th quarter. Wedmont Private Capital now owns 12,307 shares of the exchange traded fund’s stock worth $359,000 after purchasing an additional 6,154 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 92.5% in the 4th quarter. AdvisorNet Financial Inc now owns 21,337 shares of the exchange traded fund’s stock worth $634,000 after purchasing an additional 10,251 shares during the period. Finally, BCS Wealth Management acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the 4th quarter worth approximately $619,000.

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

NYSEARCA:FNDA opened at $28.28 on Wednesday. Schwab Fundamental U.S. Small Company Index ETF has a 52 week low of $23.49 and a 52 week high of $32.71. The firm’s fifty day moving average is $26.59 and its 200-day moving average is $29.08. The firm has a market cap of $8.46 billion, a P/E ratio of 17.38 and a beta of 1.11.

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

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a $0.051 dividend. The ex-dividend date of this dividend 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.