Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Shares Purchased by Founders Capital Management

Founders Capital Management grew its position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 103.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,798 shares of the exchange traded fund’s stock after buying an additional 36,467 shares during the quarter. Schwab Fundamental U.S. Small Company Index ETF accounts for 1.3% of Founders Capital Management’s holdings, making the stock its 23rd largest holding. Founders Capital Management’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $2,132,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Investment Advisors LLC increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 116.1% during the fourth quarter. Capital Investment Advisors LLC now owns 7,824 shares of the exchange traded fund’s stock worth $232,000 after acquiring an additional 4,204 shares during the period. Brookstone Capital Management increased its holdings in Schwab Fundamental U.S. Small Company Index ETF by 45.9% during the 4th quarter. Brookstone Capital Management now owns 11,282 shares of the exchange traded fund’s stock worth $335,000 after purchasing an additional 3,547 shares during the period. Boyce & Associates Wealth Consulting Inc. raised its position in Schwab Fundamental U.S. Small Company Index ETF by 98.6% in the 4th quarter. Boyce & Associates Wealth Consulting Inc. now owns 13,758 shares of the exchange traded fund’s stock valued at $409,000 after purchasing an additional 6,829 shares in the last quarter. Bruce G. Allen Investments LLC grew its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.4% during the fourth quarter. Bruce G. Allen Investments LLC now owns 18,303 shares of the exchange traded fund’s stock worth $544,000 after buying an additional 9,172 shares in the last quarter. Finally, HBW Advisory Services LLC increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 97.6% during the fourth quarter. HBW Advisory Services LLC now owns 54,820 shares of the exchange traded fund’s stock worth $1,628,000 after buying an additional 27,073 shares during the period.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 0.3 %

Schwab Fundamental U.S. Small Company Index ETF stock traded down $0.08 during trading on Monday, reaching $29.08. The stock had a trading volume of 118,050 shares, compared to its average volume of 637,725. Schwab Fundamental U.S. Small Company Index ETF has a 52-week low of $25.98 and a 52-week high of $32.71. The business has a 50 day moving average price of $30.86 and a 200 day moving average price of $29.61. The stock has a market cap of $4.27 billion, a PE ratio of 14.98 and a beta of 1.18.

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.