Townsend Asset Management Corp NC ADV Has $862,000 Stock Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Townsend Asset Management Corp NC ADV lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 100.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 29,027 shares of the exchange traded fund’s stock after acquiring an additional 14,521 shares during the period. Townsend Asset Management Corp NC ADV’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $862,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. MidAtlantic Capital Management Inc. bought a new stake in Schwab Fundamental U.S. Small Company Index ETF in the 3rd quarter valued at approximately $44,000. Hamilton Point Investment Advisors LLC grew its position in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 420 shares in the last quarter. American Capital Advisory LLC grew its position in Schwab Fundamental U.S. Small Company Index ETF by 101.1% during the fourth quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 442 shares in the last quarter. Bristlecone Advisors LLC increased its stake in Schwab Fundamental U.S. Small Company Index ETF by 101.1% during the 4th quarter. Bristlecone Advisors LLC now owns 913 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 459 shares during the period. Finally, Bartlett & CO. Wealth Management LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 972 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 486 shares in the last quarter.

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

NYSEARCA:FNDA opened at $28.33 on Thursday. The company has a market cap of $8.83 billion, a price-to-earnings ratio of 17.80 and a beta of 1.22. The stock has a fifty day moving average price of $29.95 and a 200-day moving average price of $30.05. Schwab Fundamental U.S. Small Company Index ETF has a fifty-two week low of $26.38 and a fifty-two week 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.