Focus Financial Network Inc. Acquires 1,071 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Focus Financial Network Inc. increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 10.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 11,266 shares of the exchange traded fund’s stock after acquiring an additional 1,071 shares during the period. Focus Financial Network Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $666,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of FNDA. First Pacific Financial grew its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 1.6% in the second quarter. First Pacific Financial now owns 411,899 shares of the exchange traded fund’s stock valued at $22,621,000 after purchasing an additional 6,619 shares during the last quarter. Wealth Forward LLC raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 2.0% in the 2nd quarter. Wealth Forward LLC now owns 305,551 shares of the exchange traded fund’s stock worth $16,781,000 after purchasing an additional 5,957 shares in the last quarter. Johnson Bixby & Associates LLC boosted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 4.1% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 172,875 shares of the exchange traded fund’s stock valued at $9,494,000 after purchasing an additional 6,803 shares during the period. Western Financial Corp CA bought a new stake in Schwab Fundamental U.S. Small Company Index ETF in the 2nd quarter valued at about $213,000. Finally, Solitude Financial Services grew its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 4.8% during the 2nd quarter. Solitude Financial Services now owns 538,038 shares of the exchange traded fund’s stock worth $29,549,000 after purchasing an additional 24,609 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Trading Down 1.1 %

NYSEARCA FNDA traded down $0.61 during midday trading on Tuesday, hitting $57.10. The company had a trading volume of 235,697 shares, compared to its average volume of 315,541. The company has a market capitalization of $8.39 billion, a PE ratio of 14.98 and a beta of 1.18. The firm has a 50-day moving average price of $56.22 and a 200-day moving average price of $55.54. Schwab Fundamental U.S. Small Company Index ETF has a twelve month low of $44.85 and a twelve month high of $61.00.

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.