Birchwood Financial Partners Inc. Invests $1.49 Million in Schwab Fundamental U.S. Small Company ETF $FNDA

Birchwood Financial Partners Inc. purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 47,121 shares of the exchange traded fund’s stock, valued at approximately $1,485,000. Schwab Fundamental U.S. Small Company ETF makes up approximately 1.5% of Birchwood Financial Partners Inc.’s investment portfolio, making the stock its 19th biggest position.

Other institutional investors also recently modified their holdings of the company. Phillips Financial Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter valued at about $26,000. Russell Investments Group Ltd. raised its holdings 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 purchasing an additional 410 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings 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 purchasing an additional 654 shares during the last quarter. High Note Wealth LLC bought a new position in Schwab Fundamental U.S. Small Company ETF during the fourth quarter valued at approximately $34,000. Finally, Triumph Capital Management bought a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter valued at approximately $38,000.

Schwab Fundamental U.S. Small Company ETF Trading Up 1.5%

Shares of FNDA stock opened at $36.98 on Friday. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $27.68 and a 12-month high of $37.76. The firm’s 50 day moving average is $35.65 and its 200 day moving average is $33.97. The stock has a market capitalization of $10.61 billion, a P/E ratio of 17.12 and a beta of 1.03.

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.