Schwab Fundamental U.S. Small Company ETF $FNDA is Seven Springs Wealth Group LLC’s 8th Largest Position

Seven Springs Wealth Group LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 6.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 452,746 shares of the exchange traded fund’s stock after acquiring an additional 29,138 shares during the quarter. Schwab Fundamental U.S. Small Company ETF makes up approximately 3.4% of Seven Springs Wealth Group LLC’s holdings, making the stock its 8th largest position. Seven Springs Wealth Group LLC owned 0.16% of Schwab Fundamental U.S. Small Company ETF worth $14,108,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in FNDA. Cullen Frost Bankers Inc. purchased a new stake in Schwab Fundamental U.S. Small Company ETF in the third quarter worth $28,000. Atlantic Union Bankshares Corp bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 2nd quarter valued at $35,000. PFS Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth about $39,000. Blue Trust Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth about $49,000. Finally, Pin Oak Investment Advisors Inc. purchased a new position in Schwab Fundamental U.S. Small Company ETF during the 2nd quarter valued at about $43,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

NYSEARCA:FNDA opened at $34.41 on Friday. The firm has a market capitalization of $9.83 billion, a P/E ratio of 17.12 and a beta of 1.10. Schwab Fundamental U.S. Small Company ETF has a one year low of $23.49 and a one year high of $35.31. The company’s 50-day simple moving average is $33.56 and its 200 day simple moving average is $31.94.

Schwab Fundamental U.S. Small Company ETF Company 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.