2,177,508 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA Bought by Steele Capital Management Inc.

Steele Capital Management Inc. bought a new position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,177,508 shares of the exchange traded fund’s stock, valued at approximately $76,213,000. Schwab Fundamental U.S. Small Company ETF comprises about 2.8% of Steele Capital Management Inc.’s portfolio, making the stock its 12th largest position.

A number of other institutional investors also recently modified their holdings of FNDA. Birchwood Financial Partners Inc. increased its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 11.6% in the third quarter. Birchwood Financial Partners Inc. now owns 58,895 shares of the exchange traded fund’s stock valued at $2,061,000 after purchasing an additional 6,145 shares in the last quarter. Kestra Advisory Services LLC boosted its position in Schwab Fundamental U.S. Small Company ETF by 11.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 58,948 shares of the exchange traded fund’s stock valued at $2,063,000 after buying an additional 5,848 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 3rd quarter valued at $3,804,000. Chicago Partners Investment Group LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 3rd quarter valued at $630,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 3rd quarter valued at $165,000.

Schwab Fundamental U.S. Small Company ETF Stock Down 3.5%

FNDA stock opened at $35.50 on Friday. The company has a market cap of $8.79 billion, a P/E ratio of 17.12 and a beta of 1.06. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $29.31 and a twelve month high of $38.59. The business has a fifty day moving average of $35.99 and a 200-day moving average of $35.62.

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