Parallel Advisors LLC Buys 5,949 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Parallel Advisors LLC raised its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 100.0% in the fourth quarter, Holdings Channel reports. The firm owned 11,898 shares of the exchange traded fund’s stock after acquiring an additional 5,949 shares during the quarter. Parallel Advisors LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $353,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Caprock Group LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the 3rd quarter worth about $687,000. Prospera Financial Services Inc increased its position in Schwab Fundamental U.S. Small Company Index ETF by 27.6% during the third quarter. Prospera Financial Services Inc now owns 6,065 shares of the exchange traded fund’s stock worth $361,000 after buying an additional 1,313 shares during the last quarter. First Horizon Advisors Inc. bought a new stake in Schwab Fundamental U.S. Small Company Index ETF in the third quarter valued at approximately $118,000. Waddell & Associates LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 2.3% in the third quarter. Waddell & Associates LLC now owns 1,283,090 shares of the exchange traded fund’s stock valued at $76,434,000 after buying an additional 29,296 shares during the last quarter. Finally, Great Valley Advisor Group Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the 3rd quarter worth approximately $1,726,000.

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

FNDA stock opened at $27.67 on Friday. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $26.38 and a 1-year high of $32.71. The business’s 50 day simple moving average is $29.42 and its 200 day simple moving average is $29.91. The firm has a market capitalization of $8.61 billion, a PE ratio of 17.55 and a beta of 1.22.

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.