Magnolia Private Wealth LLC Invests $542,000 in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Magnolia Private Wealth LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 18,257 shares of the exchange traded fund’s stock, valued at approximately $542,000.

A number of other institutional investors also recently modified their holdings of FNDA. Charles Schwab Investment Management Inc. increased its stake in Schwab Fundamental U.S. Small Company Index ETF by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 98,755,404 shares of the exchange traded fund’s stock valued at $5,882,859,000 after purchasing an additional 1,108,150 shares in the last quarter. Steele Capital Management Inc. increased its position in Schwab Fundamental U.S. Small Company Index ETF by 105.9% in the 4th quarter. Steele Capital Management Inc. now owns 2,063,680 shares of the exchange traded fund’s stock valued at $61,291,000 after buying an additional 1,061,299 shares in the last quarter. Clarius Group LLC raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 92.1% during the 4th quarter. Clarius Group LLC now owns 1,993,205 shares of the exchange traded fund’s stock worth $59,198,000 after buying an additional 955,574 shares during the period. Prairiewood Capital LLC boosted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 111.8% in the fourth quarter. Prairiewood Capital LLC now owns 1,450,926 shares of the exchange traded fund’s stock worth $43,093,000 after acquiring an additional 765,994 shares in the last quarter. Finally, Trilogy Capital Inc. boosted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 98.4% in the fourth quarter. Trilogy Capital Inc. now owns 1,297,427 shares of the exchange traded fund’s stock worth $38,534,000 after acquiring an additional 643,634 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 0.0 %

NYSEARCA FNDA opened at $29.21 on Wednesday. Schwab Fundamental U.S. Small Company Index ETF has a 52 week low of $26.38 and a 52 week high of $32.71. The business has a 50 day moving average price of $30.05 and a 200-day moving average price of $30.03. The company has a market cap of $4.29 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18.

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.