Hoey Investments Inc. Buys New Shares in Schwab Fundamental U.S. Small Company ETF $FNDA

Hoey Investments Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 1,504 shares of the exchange traded fund’s stock, valued at approximately $43,000.

A number of other institutional investors have also recently bought and sold shares of the business. Northland Capital Management LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 15.5% in the second quarter. Northland Capital Management LLC now owns 98,351 shares of the exchange traded fund’s stock valued at $2,818,000 after purchasing an additional 13,164 shares during the period. Abound Wealth Management boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 64.7% in the second quarter. Abound Wealth Management now owns 8,443 shares of the exchange traded fund’s stock valued at $242,000 after buying an additional 3,316 shares during the period. Sound Stewardship LLC grew its stake in Schwab Fundamental U.S. Small Company ETF by 7.6% during the second quarter. Sound Stewardship LLC now owns 293,443 shares of the exchange traded fund’s stock worth $8,407,000 after buying an additional 20,741 shares in the last quarter. Capital Advantage Inc. boosted its position in shares of Schwab Fundamental U.S. Small Company ETF by 4.4% during the 2nd quarter. Capital Advantage Inc. now owns 99,372 shares of the exchange traded fund’s stock worth $2,847,000 after acquiring an additional 4,180 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 140.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 46,989 shares of the exchange traded fund’s stock valued at $1,346,000 after purchasing an additional 27,462 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of Schwab Fundamental U.S. Small Company ETF stock opened at $31.52 on Tuesday. The firm’s 50 day moving average is $30.43 and its 200 day moving average is $28.48. The firm has a market capitalization of $9.06 billion, a PE ratio of 17.12 and a beta of 1.19. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $23.49 and a 1 year high of $32.71.

Schwab Fundamental U.S. Small Company 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.