Reston Wealth Management LLC Raises Stock Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Reston Wealth Management LLC increased its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 9.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 187,540 shares of the exchange traded fund’s stock after purchasing an additional 16,699 shares during the period. Schwab Fundamental U.S. Small Company ETF makes up approximately 1.9% of Reston Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Reston Wealth Management LLC owned approximately 0.07% of Schwab Fundamental U.S. Small Company ETF worth $5,844,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in Schwab Fundamental U.S. Small Company ETF by 97.5% during the 4th quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock valued at $379,000 after buying an additional 6,299 shares during the last quarter. Revolve Wealth Partners LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF during the fourth quarter valued at $256,000. Raymond James Financial Inc. increased its stake in Schwab Fundamental U.S. Small Company ETF by 21.4% during the 1st quarter. Raymond James Financial Inc. now owns 117,291 shares of the exchange traded fund’s stock valued at $3,213,000 after purchasing an additional 20,692 shares in the last quarter. Royal Bank of Canada lifted its position in Schwab Fundamental U.S. Small Company ETF by 58.3% in the 1st quarter. Royal Bank of Canada now owns 104,110 shares of the exchange traded fund’s stock valued at $2,852,000 after acquiring an additional 38,354 shares in the last quarter. Finally, Ancora Advisors LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 2,197.0% in the 1st quarter. Ancora Advisors LLC now owns 3,078 shares of the exchange traded fund’s stock worth $84,000 after buying an additional 2,944 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Performance

FNDA stock opened at $31.51 on Friday. The business’s 50-day moving average is $31.30 and its two-hundred day moving average is $30.60. Schwab Fundamental U.S. Small Company ETF has a fifty-two week low of $23.49 and a fifty-two week high of $32.72. The company has a market cap of $8.98 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10.

Schwab Fundamental U.S. Small Company 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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.