Avantax Advisory Services Inc. Acquires 34,242 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Avantax Advisory Services Inc. raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 170.9% during the fourth quarter, HoldingsChannel reports. The fund owned 54,276 shares of the exchange traded fund’s stock after purchasing an additional 34,242 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $1,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of FNDA. Thrivent Financial for Lutherans raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 13.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 388,434 shares of the exchange traded fund’s stock valued at $23,139,000 after acquiring an additional 47,414 shares during the period. MAI Capital Management increased its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 0.6% in the third quarter. MAI Capital Management now owns 172,198 shares of the exchange traded fund’s stock worth $10,258,000 after purchasing an additional 947 shares during the period. MidAtlantic Capital Management Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the third quarter worth $44,000. Caprock Group LLC bought a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the third quarter worth $687,000. Finally, Prospera Financial Services Inc increased its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 27.6% in the third quarter. Prospera Financial Services Inc now owns 6,065 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 1,313 shares during the period.

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

Schwab Fundamental U.S. Small Company Index ETF stock opened at $27.66 on Wednesday. The stock has a market cap of $8.63 billion, a P/E ratio of 17.80 and a beta of 1.22. Schwab Fundamental U.S. Small Company Index ETF has a fifty-two week low of $26.38 and a fifty-two week high of $32.71. The firm’s fifty day moving average price is $29.52 and its 200-day moving average price is $29.95.

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.