World Equity Group Inc. Buys Shares of 7,010 Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

World Equity Group Inc. bought a new stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,010 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Other hedge funds have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 98,755,404 shares of the exchange traded fund’s stock valued at $5,882,859,000 after purchasing an additional 1,108,150 shares during the period. Steele Capital Management Inc. raised its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 105.9% during the 4th quarter. Steele Capital Management Inc. now owns 2,063,680 shares of the exchange traded fund’s stock valued at $61,291,000 after purchasing an additional 1,061,299 shares during the period. Clarius Group LLC raised its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 92.1% during the 4th quarter. Clarius Group LLC now owns 1,993,205 shares of the exchange traded fund’s stock valued at $59,198,000 after purchasing an additional 955,574 shares during the period. Prairiewood Capital LLC raised its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 111.8% during the 4th quarter. Prairiewood Capital LLC now owns 1,450,926 shares of the exchange traded fund’s stock valued at $43,093,000 after purchasing an additional 765,994 shares during the period. Finally, Trilogy Capital Inc. raised its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 98.4% during the 4th quarter. Trilogy Capital Inc. now owns 1,297,427 shares of the exchange traded fund’s stock valued at $38,534,000 after purchasing an additional 643,634 shares during the period.

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

NYSEARCA:FNDA opened at $29.22 on Tuesday. Schwab Fundamental U.S. Small Company Index ETF has a 52-week low of $26.38 and a 52-week high of $32.71. The firm has a market cap of $4.30 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. The business’s fifty day moving average is $30.09 and its 200 day moving average is $30.02.

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.