Mission Wealth Management LP Acquires New Stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Mission Wealth Management LP acquired a new stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 7,454 shares of the exchange traded fund’s stock, valued at approximately $425,000.

Other institutional investors have also added to or reduced their stakes in the company. Johnson Financial Group Inc. lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 219.6% in the 4th quarter. Johnson Financial Group Inc. now owns 457 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 314 shares in the last quarter. Principal Securities Inc. bought a new stake in Schwab Fundamental U.S. Small Company Index ETF in the 4th quarter valued at $28,000. Woodmont Investment Counsel LLC bought a new stake in Schwab Fundamental U.S. Small Company Index ETF in the 1st quarter valued at $32,000. Signature Resources Capital Management LLC bought a new stake in Schwab Fundamental U.S. Small Company Index ETF in the 4th quarter valued at $34,000. Finally, Benjamin F. Edwards & Company Inc. lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 179.2% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 603 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 387 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 0.7 %

FNDA traded down $0.41 during trading on Friday, hitting $54.29. The company had a trading volume of 208,393 shares, compared to its average volume of 316,281. The firm’s 50-day moving average price is $55.31 and its 200 day moving average price is $54.89. Schwab Fundamental U.S. Small Company Index ETF has a one year low of $44.85 and a one year high of $57.53. The company has a market capitalization of $7.98 billion, a PE ratio of 14.98 and a beta of 1.18.

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.