Lee Danner & Bass Inc. Makes New Investment in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Lee Danner & Bass Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,954 shares of the exchange traded fund’s stock, valued at approximately $58,000.

A number of other large investors have also recently bought and sold shares of FNDA. Caprock Group LLC acquired a new stake in Schwab Fundamental U.S. Small Company Index ETF during the third quarter worth about $687,000. Prospera Financial Services Inc lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 27.6% in the third quarter. Prospera Financial Services Inc now owns 6,065 shares of the exchange traded fund’s stock worth $361,000 after acquiring an additional 1,313 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the third quarter worth about $118,000. Waddell & Associates LLC lifted its holdings 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 worth $76,434,000 after acquiring 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 in the third quarter worth about $1,726,000.

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

FNDA stock opened at $27.67 on Friday. The stock has a market capitalization of $8.61 billion, a P/E ratio of 17.55 and a beta of 1.22. Schwab Fundamental U.S. Small Company Index ETF has a 12 month low of $26.38 and a 12 month high of $32.71. The firm has a 50-day moving average price of $29.42 and a 200-day moving average price of $29.92.

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.