Envestnet Asset Management Inc. Purchases 2,832 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA

Envestnet Asset Management Inc. raised its position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 5.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,447 shares of the exchange traded fund’s stock after acquiring an additional 2,832 shares during the period. Envestnet Asset Management Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $1,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. increased its position in Schwab Fundamental U.S. Small Company ETF by 0.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 200,289,288 shares of the exchange traded fund’s stock worth $5,485,924,000 after purchasing an additional 1,100,604 shares during the last quarter. Ironwood Investment Counsel LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 26.3% during 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 buying an additional 259,556 shares in the last quarter. Prairiewood Capital LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 12.0% in the 2nd quarter. Prairiewood Capital LLC now owns 1,755,747 shares of the exchange traded fund’s stock valued at $50,302,000 after acquiring an additional 187,569 shares during the last quarter. Moller Wealth Partners lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 15.2% in the 2nd quarter. Moller Wealth Partners now owns 1,283,119 shares of the exchange traded fund’s stock valued at $36,761,000 after acquiring an additional 168,858 shares during the last quarter. Finally, Signal Tree Financial Partners LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF in the second quarter worth about $4,111,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of FNDA stock opened at $29.75 on Thursday. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $23.49 and a 1 year high of $32.71. The stock’s 50 day simple moving average is $30.95 and its two-hundred day simple moving average is $29.77. The company has a market cap of $8.47 billion, a PE 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.