Elevate Wealth Advisory Inc. Grows Stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Elevate Wealth Advisory Inc. raised its position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 100.0% in the fourth quarter, HoldingsChannel reports. The firm owned 2,132 shares of the exchange traded fund’s stock after acquiring an additional 1,066 shares during the period. Elevate Wealth Advisory Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $63,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FNDA. Hamilton Point Investment Advisors LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 420 shares in the last quarter. American Capital Advisory LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.1% in the 4th quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 442 shares in the last quarter. Bristlecone Advisors LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.1% in the 4th quarter. Bristlecone Advisors LLC now owns 913 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 459 shares during the period. Bartlett & CO. Wealth Management LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 972 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 486 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in Schwab Fundamental U.S. Small Company Index ETF by 262.8% during the fourth quarter. Assetmark Inc. now owns 1,052 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 762 shares during the period.

Schwab Fundamental U.S. Small Company Index ETF Stock Up 1.4 %

Shares of NYSEARCA:FNDA opened at $28.04 on Thursday. The company has a market capitalization of $8.74 billion, a price-to-earnings ratio of 17.80 and a beta of 1.22. The firm has a 50 day moving average of $29.49 and a 200 day moving average of $29.94. Schwab Fundamental U.S. Small Company Index ETF has a 52 week low of $26.38 and a 52 week high of $32.71.

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.