Clune & Associates LTD. Takes $233,000 Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Clune & Associates LTD. bought a new stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 8,125 shares of the exchange traded fund’s stock, valued at approximately $233,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Salomon & Ludwin LLC increased its stake in Schwab Fundamental U.S. Small Company ETF by 110.7% in the 2nd quarter. Salomon & Ludwin LLC now owns 982 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 516 shares during the period. Smartleaf Asset Management LLC grew its holdings 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 purchasing an additional 1,195 shares during the last quarter. Hoey Investments Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter worth $43,000. Pflug Koory LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter worth $49,000. Finally, Godsey & Gibb Inc. bought a new stake in Schwab Fundamental U.S. Small Company ETF during the 2nd quarter valued at $55,000.

Schwab Fundamental U.S. Small Company ETF Stock Up 1.5%

Shares of FNDA opened at $31.03 on Tuesday. The stock has a market capitalization of $8.84 billion, a P/E ratio of 17.12 and a beta of 1.19. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $23.49 and a twelve month high of $32.71. The firm has a fifty day simple moving average of $31.02 and a two-hundred day simple moving average of $28.97.

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.