Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Stake Boosted by Riverpoint Wealth Management Holdings LLC

Riverpoint Wealth Management Holdings LLC increased its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 98.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,040,669 shares of the exchange traded fund’s stock after acquiring an additional 516,043 shares during the period. Schwab Fundamental U.S. Small Company Index ETF comprises 8.1% of Riverpoint Wealth Management Holdings LLC’s holdings, making the stock its 5th largest position. Riverpoint Wealth Management Holdings LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $30,908,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Capital Advisors Inc. OK raised its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 7.8% in the 3rd quarter. Capital Advisors Inc. OK now owns 5,251 shares of the exchange traded fund’s stock worth $313,000 after acquiring an additional 379 shares in the last quarter. Howe & Rusling Inc. raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 14.2% in the third quarter. Howe & Rusling Inc. now owns 3,203 shares of the exchange traded fund’s stock worth $191,000 after purchasing an additional 399 shares in the last quarter. Hamilton Point Investment Advisors LLC lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 420 shares during the period. Horan Capital Advisors LLC. lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 0.4% during the third quarter. Horan Capital Advisors LLC. now owns 122,399 shares of the exchange traded fund’s stock valued at $7,291,000 after buying an additional 442 shares during the period. Finally, American Capital Advisory LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.1% during the 4th quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 442 shares in the last quarter.

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

Shares of Schwab Fundamental U.S. Small Company Index ETF stock opened at $29.21 on Wednesday. Schwab Fundamental U.S. Small Company Index ETF has a 1 year low of $26.38 and a 1 year high of $32.71. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. The company has a 50-day moving average of $30.05 and a 200 day moving average of $30.03.

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.