Financial Counselors Inc. Acquires Shares of 8,336 Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Financial Counselors Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the fourth quarter, Holdings Channel reports. The firm bought 8,336 shares of the exchange traded fund’s stock, valued at approximately $248,000.

A number of other hedge funds also recently made changes to their positions in FNDA. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter valued at approximately $82,000. Signature Estate & Investment Advisors LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 118.5% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 25,457 shares of the exchange traded fund’s stock worth $756,000 after acquiring an additional 13,805 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 121.2% in the fourth quarter. LPL Financial LLC now owns 361,381 shares of the exchange traded fund’s stock worth $10,733,000 after acquiring an additional 198,012 shares during the period. Paragon Capital Management LLC grew its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 37.3% in the fourth quarter. Paragon Capital Management LLC now owns 8,770 shares of the exchange traded fund’s stock valued at $260,000 after purchasing an additional 2,384 shares in the last quarter. Finally, Lee Danner & Bass Inc. bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter valued at $58,000.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 1.9 %

Shares of NYSEARCA FNDA opened at $27.34 on Friday. The company has a market cap of $8.51 billion, a P/E ratio of 17.55 and a beta of 1.22. 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 simple moving average of $29.21 and a two-hundred day simple moving average of $29.91.

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

The company also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued a dividend of $0.051 per share. The ex-dividend date is Wednesday, March 26th.

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.