Sprinkle Financial Consultants LLC Invests $249,000 in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Sprinkle Financial Consultants LLC purchased a new position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) in the fourth quarter, Holdings Channel reports. The fund purchased 4,494 shares of the exchange traded fund’s stock, valued at approximately $249,000.

A number of other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Advisory Inc. boosted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 2.2% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 92,295,729 shares of the exchange traded fund’s stock worth $4,475,420,000 after purchasing an additional 1,971,133 shares during the period. Steele Capital Management Inc. bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter valued at about $50,338,000. Ameriprise Financial Inc. raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 55.9% during the third quarter. Ameriprise Financial Inc. now owns 853,747 shares of the exchange traded fund’s stock worth $41,389,000 after acquiring an additional 306,204 shares during the period. Pasadena Private Wealth LLC bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter worth about $14,292,000. Finally, Cerity Partners LLC boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 1,182.3% in the fourth quarter. Cerity Partners LLC now owns 125,811 shares of the exchange traded fund’s stock valued at $6,963,000 after acquiring an additional 116,000 shares during the period.

Schwab Fundamental U.S. Small Company Index ETF Stock Up 1.1 %

Shares of NYSEARCA:FNDA traded up $0.60 during trading on Friday, hitting $56.21. 352,936 shares of the company traded hands, compared to its average volume of 323,501. The business’s fifty day moving average is $55.40 and its 200-day moving average is $54.25. The stock has a market capitalization of $8.26 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a one year low of $44.85 and a one year high of $57.53.

Schwab Fundamental U.S. Small Company Index 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.