Waverly Advisors LLC Acquires 137,979 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Waverly Advisors LLC increased its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 123.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 249,823 shares of the exchange traded fund’s stock after purchasing an additional 137,979 shares during the period. Waverly Advisors LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $7,420,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Hamilton Point Investment Advisors LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the 4th quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 420 shares in the last quarter. American Capital Advisory LLC raised its position in Schwab Fundamental U.S. Small Company Index ETF by 101.1% in the 4th quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 442 shares during the last quarter. Bristlecone Advisors LLC raised its position in Schwab Fundamental U.S. Small Company Index ETF by 101.1% in the 4th quarter. Bristlecone Advisors LLC now owns 913 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 459 shares during the last quarter. Bartlett & CO. Wealth Management LLC raised its position in Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 972 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 486 shares during the last quarter. Finally, Assetmark Inc. raised its position in Schwab Fundamental U.S. Small Company Index ETF by 262.8% in the 4th quarter. Assetmark Inc. now owns 1,052 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 762 shares during the last quarter.

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

Shares of Schwab Fundamental U.S. Small Company Index ETF stock opened at $28.19 on Wednesday. The business’s 50 day simple moving average is $26.67 and its 200 day simple moving average is $29.04. 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 has a market cap of $8.27 billion, a PE ratio of 17.44 and a beta of 1.11.

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.