ProVise Management Group LLC Buys 26,718 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

ProVise Management Group LLC raised its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 79.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 60,430 shares of the exchange traded fund’s stock after buying an additional 26,718 shares during the quarter. ProVise Management Group LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $1,795,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FNDA. Charles Schwab Investment Management Inc. lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 101.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 199,188,684 shares of the exchange traded fund’s stock valued at $5,915,904,000 after buying an additional 100,433,280 shares in the last quarter. Steele Capital Management Inc. lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 105.9% in the fourth quarter. Steele Capital Management Inc. now owns 2,063,680 shares of the exchange traded fund’s stock worth $61,291,000 after purchasing an additional 1,061,299 shares in the last quarter. Clarius Group LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 92.1% in the fourth quarter. Clarius Group LLC now owns 1,993,205 shares of the exchange traded fund’s stock worth $59,198,000 after purchasing an additional 955,574 shares in the last quarter. Prairiewood Capital LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 111.8% in the fourth quarter. Prairiewood Capital LLC now owns 1,450,926 shares of the exchange traded fund’s stock worth $43,093,000 after purchasing an additional 765,994 shares in the last quarter. Finally, Trilogy Capital Inc. lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 98.4% in the fourth quarter. Trilogy Capital Inc. now owns 1,297,427 shares of the exchange traded fund’s stock worth $38,534,000 after purchasing an additional 643,634 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 0.6 %

Shares of FNDA stock opened at $27.66 on Wednesday. The company’s fifty day simple moving average is $29.52 and its 200-day simple moving average is $29.95. The firm has a market cap of $8.63 billion, a PE ratio of 17.80 and a beta of 1.22. Schwab Fundamental U.S. Small Company Index ETF has a 12 month low of $26.38 and a 12 month high of $32.71.

About Schwab Fundamental U.S. Small Company Index 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.