IFP Advisors Inc Raises Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

IFP Advisors Inc increased its holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 119.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 57,773 shares of the exchange traded fund’s stock after acquiring an additional 31,483 shares during the period. IFP Advisors Inc’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $1,716,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Bristlecone Advisors LLC purchased a new position in Schwab Fundamental U.S. Small Company Index ETF in the third quarter worth approximately $27,000. Voisard Asset Management Group Inc. purchased a new position in Schwab Fundamental U.S. Small Company Index ETF in the third quarter worth approximately $37,000. MidAtlantic Capital Management Inc. purchased a new position in Schwab Fundamental U.S. Small Company Index ETF in the third quarter worth approximately $44,000. Hamilton Point Investment Advisors LLC grew its position in Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 420 shares during the period. Finally, American Capital Advisory LLC grew its position in Schwab Fundamental U.S. Small Company Index ETF by 101.1% in the fourth quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 442 shares during the period.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 0.0 %

FNDA opened at $29.21 on Wednesday. Schwab Fundamental U.S. Small Company Index ETF has a 52 week low of $26.38 and a 52 week high of $32.71. The business has a fifty day simple moving average of $30.05 and a 200-day simple moving average of $30.03. The firm has a market cap of $4.29 billion, a P/E ratio of 14.98 and a beta of 1.18.

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.