Sound Stewardship LLC Increases Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Sound Stewardship LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 1.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,368 shares of the exchange traded fund’s stock after purchasing an additional 1,335 shares during the period. Schwab Fundamental U.S. Small Company Index ETF accounts for about 4.4% of Sound Stewardship LLC’s portfolio, making the stock its 6th biggest position. Sound Stewardship LLC owned 0.09% of Schwab Fundamental U.S. Small Company Index ETF worth $7,215,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Johnson Financial Group Inc. boosted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 219.6% during the 4th quarter. Johnson Financial Group Inc. now owns 457 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 314 shares in the last quarter. Triad Wealth Partners LLC bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the second quarter worth approximately $26,000. Principal Securities Inc. bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter worth approximately $28,000. Iron Horse Wealth Management LLC bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the second quarter worth approximately $30,000. Finally, Woodmont Investment Counsel LLC bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the first quarter worth approximately $32,000.

Schwab Fundamental U.S. Small Company Index ETF Stock Up 2.9 %

NYSEARCA:FNDA traded up $1.66 on Friday, hitting $58.99. The stock had a trading volume of 283,894 shares, compared to its average volume of 313,957. The business’s fifty day moving average is $56.36 and its 200 day moving average is $55.59. The company has a market cap of $8.67 billion, a PE ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a 52 week low of $44.85 and a 52 week high of $61.00.

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.