Williams & Novak LLC Makes New Investment in Schwab Fundamental U.S. Small Company ETF $FNDA

Williams & Novak LLC bought a new position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the 2nd quarter, HoldingsChannel reports. The fund bought 7,000 shares of the exchange traded fund’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc grew its position in Schwab Fundamental U.S. Small Company ETF by 8.4% in the 2nd quarter. IFP Advisors Inc now owns 66,874 shares of the exchange traded fund’s stock worth $1,916,000 after purchasing an additional 5,203 shares during the last quarter. Godsey & Gibb Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter valued at approximately $55,000. Solitude Financial Services boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 6.0% in the second quarter. Solitude Financial Services now owns 1,027,320 shares of the exchange traded fund’s stock valued at $29,433,000 after acquiring an additional 57,939 shares in the last quarter. Gemmer Asset Management LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 2.2% in the second quarter. Gemmer Asset Management LLC now owns 621,487 shares of the exchange traded fund’s stock valued at $17,806,000 after acquiring an additional 13,617 shares in the last quarter. Finally, Pflug Koory LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter valued at approximately $49,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

Schwab Fundamental U.S. Small Company ETF stock opened at $29.85 on Friday. The firm has a 50 day simple moving average of $30.85 and a 200-day simple moving average of $28.80. The stock has a market capitalization of $8.52 billion, a PE ratio of 17.12 and a beta of 1.19. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $23.49 and a 12-month high of $32.71.

Schwab Fundamental U.S. Small Company 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.