Cedar Point Capital Partners LLC Increases Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Cedar Point Capital Partners LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 99.5% in the fourth quarter, HoldingsChannel reports. The firm owned 39,360 shares of the exchange traded fund’s stock after buying an additional 19,629 shares during the quarter. Schwab Fundamental U.S. Small Company Index ETF makes up 0.8% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 27th biggest position. Cedar Point Capital Partners LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $1,169,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 98,755,404 shares of the exchange traded fund’s stock worth $5,882,859,000 after acquiring an additional 1,108,150 shares during the period. Clarius Group LLC raised 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 purchasing an additional 955,574 shares in the last quarter. Prairiewood Capital LLC increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 111.8% during the fourth quarter. Prairiewood Capital LLC now owns 1,450,926 shares of the exchange traded fund’s stock valued at $43,093,000 after buying an additional 765,994 shares during the period. Moller Wealth Partners raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 89.2% in the fourth quarter. Moller Wealth Partners now owns 1,000,316 shares of the exchange traded fund’s stock worth $29,709,000 after buying an additional 471,685 shares in the last quarter. Finally, First Pacific Financial raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 98.1% in the fourth quarter. First Pacific Financial now owns 818,426 shares of the exchange traded fund’s stock worth $24,307,000 after buying an additional 405,387 shares in the last quarter.

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

Schwab Fundamental U.S. Small Company Index ETF stock opened at $30.71 on Thursday. Schwab Fundamental U.S. Small Company Index ETF has a fifty-two week low of $26.21 and a fifty-two week high of $32.71. The stock’s 50 day simple moving average is $30.73 and its two-hundred day simple moving average is $29.76. The stock has a market cap of $4.51 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18.

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.