SHP Wealth Management Takes Position in Schwab Fundamental U.S. Small Company ETF $FNDA

SHP Wealth Management acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 32,202 shares of the exchange traded fund’s stock, valued at approximately $1,015,000.

A number of other institutional investors and hedge funds also recently modified their holdings of FNDA. Waddell & Associates LLC lifted its stake in Schwab Fundamental U.S. Small Company ETF by 1.5% in the 4th quarter. Waddell & Associates LLC now owns 2,823,762 shares of the exchange traded fund’s stock valued at $88,977,000 after purchasing an additional 41,512 shares during the last quarter. Steele Capital Management Inc. increased its position in Schwab Fundamental U.S. Small Company ETF by 4.2% during the fourth quarter. Steele Capital Management Inc. now owns 2,047,126 shares of the exchange traded fund’s stock worth $64,505,000 after buying an additional 81,671 shares during the last quarter. Prairiewood Capital LLC increased its position in Schwab Fundamental U.S. Small Company ETF by 8.7% during the fourth quarter. Prairiewood Capital LLC now owns 1,989,955 shares of the exchange traded fund’s stock worth $62,703,000 after buying an additional 158,837 shares during the last quarter. UBS Group AG raised its stake in Schwab Fundamental U.S. Small Company ETF by 5.7% in the fourth quarter. UBS Group AG now owns 1,428,932 shares of the exchange traded fund’s stock valued at $45,026,000 after buying an additional 76,901 shares during the period. Finally, Riverpoint Wealth Management Holdings LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 2.0% in the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 1,142,826 shares of the exchange traded fund’s stock valued at $36,010,000 after buying an additional 22,347 shares during the period.

Schwab Fundamental U.S. Small Company ETF Price Performance

FNDA opened at $36.98 on Friday. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $27.68 and a 12-month high of $37.76. The stock has a market cap of $10.61 billion, a price-to-earnings ratio of 17.12 and a beta of 1.03. The business has a 50 day moving average of $35.71 and a 200-day moving average of $33.99.

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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.