Two Sigma Securities LLC Makes New Investment in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Two Sigma Securities LLC acquired a new position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) in the 4th quarter, Holdings Channel.com reports. The firm acquired 9,550 shares of the exchange traded fund’s stock, valued at approximately $284,000.

Several other large investors have also recently bought and sold shares of FNDA. Seven Springs Wealth Group LLC increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 102.4% in the fourth quarter. Seven Springs Wealth Group LLC now owns 357,314 shares of the exchange traded fund’s stock valued at $10,612,000 after buying an additional 180,792 shares in the last quarter. Evercore Wealth Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the fourth quarter valued at $462,000. IHT Wealth Management LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 41.7% during the fourth quarter. IHT Wealth Management LLC now owns 9,769 shares of the exchange traded fund’s stock valued at $290,000 after acquiring an additional 2,877 shares during the last quarter. Stifel Financial Corp boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 120.0% in the 4th quarter. Stifel Financial Corp now owns 28,659 shares of the exchange traded fund’s stock worth $851,000 after buying an additional 15,630 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 44.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 21,441 shares of the exchange traded fund’s stock worth $637,000 after buying an additional 6,595 shares during the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Trading Up 0.3 %

Shares of NYSEARCA:FNDA opened at $26.28 on Tuesday. The stock’s 50-day moving average price is $27.00 and its two-hundred day moving average price is $29.30. Schwab Fundamental U.S. Small Company Index ETF has a 12-month low of $23.49 and a 12-month high of $32.71. The firm has a market cap of $7.86 billion, a price-to-earnings ratio of 17.38 and a beta of 1.11.

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

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

About Schwab Fundamental U.S. Small Company Index ETF

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.