Mather Group LLC. Buys 46,901 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Mather Group LLC. raised its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 100.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 93,801 shares of the exchange traded fund’s stock after buying an additional 46,901 shares during the period. Mather Group LLC.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $2,786,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 3.5% in the 2nd 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. Park Avenue Securities LLC bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the third quarter valued at about $240,000. Financial Synergies Wealth Advisors Inc. raised its position in Schwab Fundamental U.S. Small Company Index ETF by 23.7% in the third quarter. Financial Synergies Wealth Advisors Inc. now owns 9,435 shares of the exchange traded fund’s stock valued at $562,000 after purchasing an additional 1,805 shares during the last quarter. Marquette Asset Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the third quarter valued at about $45,000. Finally, CWM LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 93.3% during the third quarter. CWM LLC now owns 5,691 shares of the exchange traded fund’s stock worth $339,000 after purchasing an additional 2,747 shares during the last quarter.

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

Shares of NYSEARCA FNDA opened at $30.29 on Wednesday. The company has a 50 day simple moving average of $30.57 and a 200 day simple moving average of $29.90. 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 firm has a market cap of $4.45 billion, a PE 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.