PFG Advisors Increases Stock Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

PFG Advisors grew its position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 61.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,696 shares of the exchange traded fund’s stock after purchasing an additional 5,211 shares during the period. PFG Advisors’ holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $407,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FNDA. HighTower Advisors LLC increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 107.2% in the fourth quarter. HighTower Advisors LLC now owns 146,066 shares of the exchange traded fund’s stock worth $4,338,000 after purchasing an additional 75,560 shares in the last quarter. Morling Financial Advisors LLC lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Morling Financial Advisors LLC now owns 1,600 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 800 shares during the last quarter. Independent Advisor Alliance bought a new stake in Schwab Fundamental U.S. Small Company Index ETF during the fourth quarter valued at approximately $355,000. Johnson Investment Counsel Inc. lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 117.6% during the fourth quarter. Johnson Investment Counsel Inc. now owns 11,824 shares of the exchange traded fund’s stock valued at $351,000 after purchasing an additional 6,390 shares during the last quarter. Finally, Solitude Financial Services lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 98.5% during the fourth quarter. Solitude Financial Services now owns 1,076,684 shares of the exchange traded fund’s stock valued at $31,978,000 after purchasing an additional 534,305 shares during the last quarter.

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

FNDA stock opened at $27.50 on Friday. The company has a market capitalization of $8.58 billion, a PE ratio of 17.80 and a beta of 1.22. Schwab Fundamental U.S. Small Company Index ETF has a one year low of $26.38 and a one year high of $32.71. The company’s 50 day moving average price is $29.65 and its two-hundred day moving average price is $29.98.

About Schwab Fundamental U.S. Small Company Index 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.