Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Position Increased by Mengis Capital Management Inc.

Mengis Capital Management Inc. increased its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 93.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,508 shares of the exchange traded fund’s stock after purchasing an additional 7,024 shares during the period. Mengis Capital Management Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $431,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 98,755,404 shares of the exchange traded fund’s stock worth $5,882,859,000 after purchasing an additional 1,108,150 shares during the last quarter. Steele Capital Management Inc. increased its position in Schwab Fundamental U.S. Small Company Index ETF by 105.9% in the 4th quarter. Steele Capital Management Inc. now owns 2,063,680 shares of the exchange traded fund’s stock valued at $61,291,000 after acquiring an additional 1,061,299 shares during the period. Clarius Group LLC increased its position in Schwab Fundamental U.S. Small Company Index ETF by 92.1% in 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 acquiring an additional 955,574 shares during the period. Prairiewood Capital LLC increased its position in Schwab Fundamental U.S. Small Company Index ETF by 111.8% in the 4th quarter. Prairiewood Capital LLC now owns 1,450,926 shares of the exchange traded fund’s stock valued at $43,093,000 after acquiring an additional 765,994 shares during the period. Finally, Trilogy Capital Inc. increased its position in Schwab Fundamental U.S. Small Company Index ETF by 98.4% in the 4th quarter. Trilogy Capital Inc. now owns 1,297,427 shares of the exchange traded fund’s stock valued at $38,534,000 after acquiring an additional 643,634 shares during the period.

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

FNDA opened at $29.22 on Tuesday. Schwab Fundamental U.S. Small Company Index ETF has a 12 month low of $26.38 and a 12 month high of $32.71. The stock has a market cap of $4.30 billion, a P/E ratio of 14.98 and a beta of 1.18. The stock’s 50 day moving average price is $30.09 and its 200 day moving average price is $30.02.

Schwab Fundamental U.S. Small Company Index 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.