Schwab Fundamental U.S. Small Company ETF $FNDA Shares Bought by IFP Advisors Inc

IFP Advisors Inc grew its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 8.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 66,874 shares of the exchange traded fund’s stock after purchasing an additional 5,203 shares during the quarter. IFP Advisors Inc’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $1,916,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bernard Wealth Management Corp. acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF during the first quarter worth about $33,000. Smartleaf Asset Management LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 4,979.2% in the first quarter. Smartleaf Asset Management LLC now owns 1,219 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 1,195 shares in the last quarter. Hoey Investments Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter worth about $43,000. Pflug Koory LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter worth about $49,000. Finally, Godsey & Gibb Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter worth about $55,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

NYSEARCA:FNDA opened at $29.85 on Friday. Schwab Fundamental U.S. Small Company ETF has a one year low of $23.49 and a one year high of $32.71. The business’s 50-day simple moving average is $30.85 and its 200 day simple moving average is $28.80. The stock has a market cap of $8.52 billion, a price-to-earnings ratio of 17.12 and a beta of 1.19.

About Schwab Fundamental U.S. Small Company 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.