BFI Wealth Solutions LLC Purchases New Shares in Schwab Fundamental U.S. Small Company ETF $FNDA

BFI Wealth Solutions LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 46,981 shares of the exchange traded fund’s stock, valued at approximately $1,480,000. Schwab Fundamental U.S. Small Company ETF accounts for about 1.4% of BFI Wealth Solutions LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. Phillips Financial Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter worth about $26,000. Russell Investments Group Ltd. increased its position in shares of Schwab Fundamental U.S. Small Company ETF by 94.3% during the fourth 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 during the period. Smartleaf Asset Management LLC increased its position in shares of Schwab Fundamental U.S. Small Company ETF by 214.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 654 shares during the period. High Note Wealth LLC bought a new position in Schwab Fundamental U.S. Small Company ETF in the fourth quarter worth about $34,000. Finally, Triumph Capital Management bought a new position in Schwab Fundamental U.S. Small Company ETF in the third quarter worth about $38,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of FNDA opened at $36.98 on Friday. Schwab Fundamental U.S. Small Company ETF has a one year low of $27.68 and a one year high of $37.76. The company has a 50-day simple moving average of $35.65 and a two-hundred day simple moving average of $33.97. The firm has a market capitalization of $10.61 billion, a PE ratio of 17.12 and a beta of 1.03.

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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.