Northland Capital Management LLC Has $2.54 Million Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Northland Capital Management LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 69.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 85,385 shares of the exchange traded fund’s stock after buying an additional 34,853 shares during the period. Schwab Fundamental U.S. Small Company Index ETF accounts for approximately 1.9% of Northland Capital Management LLC’s holdings, making the stock its 16th largest position. Northland Capital Management LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $2,536,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Bristlecone Advisors LLC bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 482.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 565 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 468 shares during the period. Voisard Asset Management Group Inc. bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the third quarter worth $37,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the third quarter valued at $44,000. Finally, Marquette Asset Management LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the third quarter valued at $45,000.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 0.1 %

Shares of FNDA stock opened at $30.71 on Monday. The firm has a market cap of $4.51 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a 12 month low of $26.21 and a 12 month high of $32.71. The stock has a 50-day moving average price of $30.72 and a 200 day moving average price of $29.83.

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.