Schwab Fundamental U.S. Small Company ETF $FNDA Shares Acquired by Riverpoint Wealth Management Holdings LLC

Riverpoint Wealth Management Holdings LLC boosted its holdings in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,142,826 shares of the exchange traded fund’s stock after acquiring an additional 22,347 shares during the quarter. Schwab Fundamental U.S. Small Company ETF comprises about 7.7% of Riverpoint Wealth Management Holdings LLC’s investment portfolio, making the stock its 5th biggest holding. Riverpoint Wealth Management Holdings LLC owned 0.40% of Schwab Fundamental U.S. Small Company ETF worth $36,010,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Pasadena Private Wealth LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 3.5% in the fourth quarter. Pasadena Private Wealth LLC now owns 233,079 shares of the exchange traded fund’s stock worth $7,344,000 after acquiring an additional 7,809 shares in the last quarter. Womack Financial LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 4.4% in the fourth quarter. Womack Financial LLC now owns 116,519 shares of the exchange traded fund’s stock worth $3,672,000 after acquiring an additional 4,922 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Schwab Fundamental U.S. Small Company ETF by 5.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 430,999 shares of the exchange traded fund’s stock worth $13,581,000 after acquiring an additional 20,988 shares in the last quarter. Foundations Investment Advisors LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 15.1% in the fourth quarter. Foundations Investment Advisors LLC now owns 155,983 shares of the exchange traded fund’s stock worth $4,915,000 after acquiring an additional 20,448 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. bought a new stake in Schwab Fundamental U.S. Small Company ETF in the fourth quarter worth about $50,000.

Schwab Fundamental U.S. Small Company ETF Trading Down 0.6%

Shares of Schwab Fundamental U.S. Small Company ETF stock opened at $36.11 on Friday. The company’s 50-day moving average price is $34.51 and its two-hundred day moving average price is $33.37. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $27.24 and a 52 week high of $36.51. The stock has a market cap of $10.36 billion, a PE ratio of 17.12 and a beta of 1.05.

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.