Steele Capital Management Inc. Raises Stock Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Steele Capital Management Inc. lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 3.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 942,090 shares of the exchange traded fund’s stock after acquiring an additional 32,635 shares during the quarter. Schwab Fundamental U.S. Small Company Index ETF makes up approximately 3.1% of Steele Capital Management Inc.’s holdings, making the stock its 13th biggest holding. Steele Capital Management Inc. owned about 0.72% of Schwab Fundamental U.S. Small Company Index ETF worth $53,727,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 1.4% in the fourth quarter. Charles Schwab Investment Advisory Inc. now owns 93,544,825 shares of the exchange traded fund’s stock valued at $5,177,706,000 after acquiring an additional 1,249,096 shares in the last quarter. Waddell & Associates LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 0.4% during the fourth quarter. Waddell & Associates LLC now owns 1,250,165 shares of the exchange traded fund’s stock worth $69,202,000 after purchasing an additional 4,791 shares during the last quarter. Clarius Group LLC increased its holdings in Schwab Fundamental U.S. Small Company Index ETF by 1.7% in the fourth quarter. Clarius Group LLC now owns 1,117,041 shares of the exchange traded fund’s stock valued at $61,828,000 after buying an additional 18,416 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Schwab Fundamental U.S. Small Company Index ETF by 55.9% in the third quarter. Ameriprise Financial Inc. now owns 853,747 shares of the exchange traded fund’s stock valued at $41,389,000 after buying an additional 306,204 shares in the last quarter. Finally, Trilogy Capital Inc. purchased a new position in Schwab Fundamental U.S. Small Company Index ETF in the first quarter valued at $34,278,000.

Schwab Fundamental U.S. Small Company Index ETF Trading Down 1.1 %

FNDA traded down $0.60 on Monday, reaching $54.32. The stock had a trading volume of 438,876 shares, compared to its average volume of 318,525. Schwab Fundamental U.S. Small Company Index ETF has a 12-month low of $44.85 and a 12-month high of $57.53. The business’s 50-day moving average price is $55.30 and its two-hundred day moving average price is $54.89. The company has a market cap of $7.99 billion, a P/E ratio of 14.98 and a beta of 1.18.

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