Riverchase Wealth Management LLC Acquires Shares of 18,894 Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Riverchase Wealth Management LLC bought a new position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 18,894 shares of the exchange traded fund’s stock, valued at approximately $561,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in FNDA. Charles Schwab Investment Management Inc. grew its holdings in Schwab Fundamental U.S. Small Company Index ETF by 101.7% during 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 purchasing an additional 100,433,280 shares during the period. Steele Capital Management Inc. grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 105.9% during the 4th quarter. Steele Capital Management Inc. now owns 2,063,680 shares of the exchange traded fund’s stock valued at $61,291,000 after acquiring an additional 1,061,299 shares during the period. Clarius Group LLC increased its holdings in Schwab Fundamental U.S. Small Company Index ETF by 92.1% in the 4th quarter. Clarius Group LLC now owns 1,993,205 shares of the exchange traded fund’s stock worth $59,198,000 after acquiring an additional 955,574 shares in the last quarter. Prairiewood Capital LLC raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 111.8% during the 4th quarter. Prairiewood Capital LLC now owns 1,450,926 shares of the exchange traded fund’s stock worth $43,093,000 after acquiring an additional 765,994 shares during the period. Finally, Trilogy Capital Inc. lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 98.4% during the fourth quarter. Trilogy Capital Inc. now owns 1,297,427 shares of the exchange traded fund’s stock valued at $38,534,000 after purchasing an additional 643,634 shares in the last quarter.

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

FNDA stock opened at $27.88 on Friday. The company has a market capitalization of $8.67 billion, a PE ratio of 17.55 and a beta of 1.22. The company’s fifty day moving average price is $29.28 and its 200-day moving average price is $29.90. Schwab Fundamental U.S. Small Company Index ETF has a one year low of $26.38 and a one year high of $32.71.

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

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be issued a $0.051 dividend. The ex-dividend date is Wednesday, March 26th.

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.