Brown Brothers Harriman & Co. Makes New $47,000 Investment in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Brown Brothers Harriman & Co. purchased a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,598 shares of the exchange traded fund’s stock, valued at approximately $47,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of FNDA. FMR LLC raised its position in Schwab Fundamental U.S. Small Company Index ETF by 12.9% in the third quarter. FMR LLC now owns 36,614 shares of the exchange traded fund’s stock worth $2,181,000 after acquiring an additional 4,181 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the 3rd quarter worth approximately $372,000. IHT Wealth Management LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 41.0% in the 3rd quarter. IHT Wealth Management LLC now owns 6,892 shares of the exchange traded fund’s stock worth $409,000 after purchasing an additional 2,005 shares in the last quarter. Jane Street Group LLC lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 70.1% during the third quarter. Jane Street Group LLC now owns 30,140 shares of the exchange traded fund’s stock valued at $1,795,000 after purchasing an additional 12,424 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in Schwab Fundamental U.S. Small Company Index ETF during the third quarter worth approximately $280,000.

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

NYSEARCA FNDA opened at $27.87 on Thursday. Schwab Fundamental U.S. Small Company Index ETF has a 1 year low of $26.38 and a 1 year high of $32.71. The business’s fifty day moving average is $29.03 and its two-hundred day moving average is $29.89. The stock has a market capitalization of $8.67 billion, a P/E ratio of 17.55 and a beta of 1.22.

Schwab Fundamental U.S. Small Company Index ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.051 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.