Fifth Third Bancorp grew its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA – Free Report) by 476.8% in the first quarter, Holdings Channel.com reports. The firm owned 26,604 shares of the exchange traded fund’s stock after acquiring an additional 21,992 shares during the quarter. Fifth Third Bancorp’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $863,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in FNDA. Phillips Financial Management LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF during the fourth quarter worth approximately $26,000. Russell Investments Group Ltd. grew its holdings in Schwab Fundamental U.S. Small Company ETF by 94.3% in the 4th quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 410 shares in the last quarter. Osbon Capital Management LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at $28,000. Smartleaf Asset Management LLC increased its stake in shares of Schwab Fundamental U.S. Small Company ETF by 214.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 654 shares during the last quarter. Finally, High Note Wealth LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter worth $34,000.
Schwab Fundamental U.S. Small Company ETF Price Performance
NYSEARCA FNDA opened at $37.34 on Monday. The business’s fifty day simple moving average is $36.83 and its 200-day simple moving average is $34.98. The firm has a market cap of $9.17 billion, a PE ratio of 17.12 and a beta of 1.02. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $28.43 and a 52 week high of $38.29.
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.
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