Empower Advisory Group LLC Takes Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Empower Advisory Group LLC acquired a new position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,047 shares of the exchange traded fund’s stock, valued at approximately $316,000.

Other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its stake in Schwab Fundamental U.S. Small Company ETF by 0.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 200,289,288 shares of the exchange traded fund’s stock valued at $5,485,924,000 after purchasing an additional 1,100,604 shares during the period. Waddell & Associates LLC grew its holdings in Schwab Fundamental U.S. Small Company ETF by 1.6% during the 1st quarter. Waddell & Associates LLC now owns 2,636,391 shares of the exchange traded fund’s stock valued at $72,211,000 after buying an additional 40,331 shares in the last quarter. Prairiewood Capital LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 12.0% during the second quarter. Prairiewood Capital LLC now owns 1,755,747 shares of the exchange traded fund’s stock valued at $50,302,000 after buying an additional 187,569 shares during the last quarter. Moller Wealth Partners raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 15.2% during the second quarter. Moller Wealth Partners now owns 1,283,119 shares of the exchange traded fund’s stock valued at $36,761,000 after buying an additional 168,858 shares during the last quarter. Finally, Ironwood Investment Counsel LLC increased its holdings in Schwab Fundamental U.S. Small Company ETF by 26.3% in the 1st quarter. Ironwood Investment Counsel LLC now owns 1,245,013 shares of the exchange traded fund’s stock valued at $34,101,000 after acquiring an additional 259,556 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Down 2.2%

Shares of FNDA stock opened at $29.71 on Tuesday. The company’s fifty day simple moving average is $31.01 and its two-hundred day simple moving average is $29.75. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $23.49 and a 52 week high of $32.71. The stock has a market cap of $8.46 billion, a P/E ratio of 17.12 and a beta of 1.10.

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.