Reston Wealth Management LLC Buys 73,343 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Reston Wealth Management LLC increased its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 123.1% during the fourth quarter, Holdings Channel reports. The firm owned 132,944 shares of the exchange traded fund’s stock after acquiring an additional 73,343 shares during the period. Schwab Fundamental U.S. Small Company Index ETF makes up approximately 1.5% of Reston Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position. Reston Wealth Management LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $3,948,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of FNDA. Charles Schwab Investment Management Inc. grew its position in Schwab Fundamental U.S. Small Company Index ETF by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 98,755,404 shares of the exchange traded fund’s stock valued at $5,882,859,000 after acquiring an additional 1,108,150 shares during the last quarter. Clarius Group LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 92.1% during the 4th quarter. Clarius Group LLC now owns 1,993,205 shares of the exchange traded fund’s stock valued at $59,198,000 after purchasing an additional 955,574 shares during the last quarter. Prairiewood Capital LLC increased its position in Schwab Fundamental U.S. Small Company Index ETF by 111.8% during the 4th quarter. Prairiewood Capital LLC now owns 1,450,926 shares of the exchange traded fund’s stock worth $43,093,000 after purchasing an additional 765,994 shares in the last quarter. Waddell & Associates LLC lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 2.3% in the 3rd quarter. Waddell & Associates LLC now owns 1,283,090 shares of the exchange traded fund’s stock valued at $76,434,000 after purchasing an additional 29,296 shares during the last quarter. Finally, Steele Capital Management Inc. grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 2.7% during the third quarter. Steele Capital Management Inc. now owns 1,002,381 shares of the exchange traded fund’s stock worth $59,712,000 after buying an additional 26,525 shares during the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Performance

Shares of FNDA opened at $30.41 on Thursday. Schwab Fundamental U.S. Small Company Index ETF has a 52 week low of $26.21 and a 52 week high of $32.71. The stock has a market capitalization of $4.47 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. The stock has a fifty day moving average of $30.70 and a 200-day moving average of $29.86.

Schwab Fundamental U.S. Small Company Index ETF 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.