Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Shares Purchased by Asset Dedication LLC

Asset Dedication LLC grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 97.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,454 shares of the exchange traded fund’s stock after purchasing an additional 17,976 shares during the period. Asset Dedication LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $1,083,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNDA. Envestnet Asset Management Inc. grew its holdings in Schwab Fundamental U.S. Small Company Index ETF by 30.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 43,619 shares of the exchange traded fund’s stock valued at $2,396,000 after buying an additional 10,204 shares during the last quarter. Creative Planning increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 8.3% during the 2nd quarter. Creative Planning now owns 134,862 shares of the exchange traded fund’s stock valued at $7,407,000 after acquiring an additional 10,368 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 0.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 180,814 shares of the exchange traded fund’s stock worth $9,930,000 after purchasing an additional 1,112 shares during the period. EP Wealth Advisors LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 75.7% in the 2nd quarter. EP Wealth Advisors LLC now owns 22,802 shares of the exchange traded fund’s stock valued at $1,252,000 after purchasing an additional 9,825 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 3.5% in the second quarter. Cetera Investment Advisers now owns 41,813 shares of the exchange traded fund’s stock valued at $2,296,000 after acquiring an additional 1,433 shares during the last quarter.

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

Shares of NYSEARCA:FNDA opened at $30.41 on Thursday. Schwab Fundamental U.S. Small Company Index ETF has a 1 year low of $26.21 and a 1 year high of $32.71. The stock has a 50-day simple moving average of $30.70 and a 200-day simple moving average of $29.86. The stock has a market capitalization of $4.47 billion, a P/E ratio of 14.98 and a beta of 1.18.

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.