Mainstream Capital Management LLC Makes New Investment in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Mainstream Capital Management LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,296 shares of the exchange traded fund’s stock, valued at approximately $68,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 199,188,684 shares of the exchange traded fund’s stock worth $5,915,904,000 after purchasing an additional 100,433,280 shares during the last quarter. Steele Capital Management Inc. increased 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 worth $61,291,000 after purchasing an additional 1,061,299 shares during the last quarter. Clarius Group LLC increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 92.1% during 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 during the last quarter. Prairiewood Capital LLC increased its stake in shares of 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 purchasing an additional 765,994 shares during the last quarter. Finally, Trilogy Capital Inc. increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 98.4% during the 4th quarter. Trilogy Capital Inc. now owns 1,297,427 shares of the exchange traded fund’s stock worth $38,534,000 after purchasing an additional 643,634 shares during the last quarter.

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

Shares of FNDA opened at $28.50 on Tuesday. 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 market cap of $8.89 billion, a P/E ratio of 17.80 and a beta of 1.22. The firm’s 50-day simple moving average is $30.02 and its 200 day simple moving average is $30.06.

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.