Bruce G. Allen Investments LLC Raises Stock Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Bruce G. Allen Investments LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 100.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,303 shares of the exchange traded fund’s stock after buying an additional 9,172 shares during the quarter. Schwab Fundamental U.S. Small Company Index ETF accounts for approximately 0.4% of Bruce G. Allen Investments LLC’s holdings, making the stock its 29th biggest holding. Bruce G. Allen Investments LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $544,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. raised its position in Schwab Fundamental U.S. Small Company Index ETF by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 98,755,404 shares of the exchange traded fund’s stock valued at $5,882,859,000 after purchasing an additional 1,108,150 shares during the period. Moller Wealth Partners raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 89.2% during the 4th quarter. Moller Wealth Partners now owns 1,000,316 shares of the exchange traded fund’s stock valued at $29,709,000 after buying an additional 471,685 shares during the period. Sanctuary Advisors LLC lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 121.1% in the third quarter. Sanctuary Advisors LLC now owns 529,857 shares of the exchange traded fund’s stock worth $31,564,000 after buying an additional 290,220 shares during the last quarter. Collective Family Office LLC boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 101.8% during the fourth quarter. Collective Family Office LLC now owns 436,916 shares of the exchange traded fund’s stock worth $12,976,000 after buying an additional 220,458 shares during the period. Finally, Goldstone Financial Group LLC purchased a new position in Schwab Fundamental U.S. Small Company Index ETF during the third quarter worth $11,090,000.

Schwab Fundamental U.S. Small Company Index ETF Price Performance

Shares of FNDA traded down $0.49 during midday trading on Friday, hitting $29.17. The stock had a trading volume of 899,794 shares, compared to its average volume of 711,838. The stock’s 50 day moving average is $30.86 and its 200 day moving average is $29.57. The firm has a market cap of $4.29 billion, a PE ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a 1 year low of $25.98 and a 1 year high of $32.71.

Schwab Fundamental U.S. Small Company Index ETF 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.