Riverpoint Wealth Management Holdings LLC Increases Stake in Schwab Fundamental U.S. Small Company ETF $FNDA

Riverpoint Wealth Management Holdings LLC grew its holdings in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 1.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,157,772 shares of the exchange traded fund’s stock after buying an additional 14,946 shares during the quarter. Schwab Fundamental U.S. Small Company ETF makes up 8.0% of Riverpoint Wealth Management Holdings LLC’s portfolio, making the stock its 5th largest position. Riverpoint Wealth Management Holdings LLC owned 0.40% of Schwab Fundamental U.S. Small Company ETF worth $37,547,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Silver Oak Securities Incorporated raised its position in Schwab Fundamental U.S. Small Company ETF by 53.8% in the 4th quarter. Silver Oak Securities Incorporated now owns 44,419 shares of the exchange traded fund’s stock worth $1,415,000 after purchasing an additional 15,532 shares during the last quarter. Steele Capital Management Inc. lifted its holdings in Schwab Fundamental U.S. Small Company ETF by 4.2% during the 4th quarter. Steele Capital Management Inc. now owns 2,047,126 shares of the exchange traded fund’s stock worth $64,505,000 after buying an additional 81,671 shares in the last quarter. Shore Point Advisors LLC boosted its position in Schwab Fundamental U.S. Small Company ETF by 31.8% in the 4th quarter. Shore Point Advisors LLC now owns 599,669 shares of the exchange traded fund’s stock valued at $18,896,000 after buying an additional 144,534 shares during the last quarter. Prairiewood Capital LLC increased its stake in shares of Schwab Fundamental U.S. Small Company ETF by 8.7% in the 4th quarter. Prairiewood Capital LLC now owns 1,989,955 shares of the exchange traded fund’s stock valued at $62,703,000 after buying an additional 158,837 shares during the period. Finally, Capital Advantage Inc. increased its stake in shares of Schwab Fundamental U.S. Small Company ETF by 18.1% in the 4th quarter. Capital Advantage Inc. now owns 128,900 shares of the exchange traded fund’s stock valued at $4,062,000 after buying an additional 19,723 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Down 0.3%

FNDA stock opened at $37.32 on Tuesday. The company has a market cap of $9.15 billion, a P/E ratio of 17.12 and a beta of 1.02. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $28.43 and a twelve month high of $38.29. The business has a fifty day moving average of $36.49 and a 200-day moving average of $34.62.

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.