Lee Danner & Bass Inc. Acquires New Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Lee Danner & Bass Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) in the 4th quarter, HoldingsChannel reports. The firm purchased 1,954 shares of the exchange traded fund’s stock, valued at approximately $58,000.

Several other hedge funds have also recently added to or reduced their stakes in FNDA. Hamilton Point Investment Advisors LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the 4th quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 420 shares during the last quarter. American Capital Advisory LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 101.1% during the 4th quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 442 shares during the last quarter. Bristlecone Advisors LLC grew its position in shares of 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 buying an additional 459 shares during the period. Bartlett & CO. Wealth Management LLC grew its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 972 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 486 shares during the period. Finally, Assetmark Inc. grew its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 262.8% during the 4th quarter. Assetmark Inc. now owns 1,052 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 762 shares during the period.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 0.7 %

Shares of FNDA stock opened at $27.67 on Friday. The company has a market cap of $8.61 billion, a price-to-earnings ratio of 17.55 and a beta of 1.22. 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 firm has a 50 day moving average of $29.42 and a 200-day moving average of $29.92.

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