Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Sets New 1-Year High – Here’s What Happened

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $36.67 and last traded at $36.67, with a volume of 37064 shares trading hands. The stock had previously closed at $35.98.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.1%

The firm has a market cap of $10.33 billion, a P/E ratio of 17.12 and a beta of 1.03. The company has a fifty day moving average price of $34.97 and a two-hundred day moving average price of $33.63.

Hedge Funds Weigh In On Schwab Fundamental U.S. Small Company ETF

Several institutional investors have recently modified their holdings of FNDA. Phillips Financial Management LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter valued at about $26,000. Russell Investments Group Ltd. lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 94.3% during the 4th quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 410 shares in the last quarter. Osbon Capital Management LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter valued at about $28,000. Smartleaf Asset Management LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 214.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 654 shares in the last quarter. Finally, High Note Wealth LLC acquired a new stake in Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at approximately $34,000.

About Schwab Fundamental U.S. Small Company 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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.