Murphy & Mullick Capital Management Corp Acquires New Shares in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Murphy & Mullick Capital Management Corp bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,756 shares of the exchange traded fund’s stock, valued at approximately $82,000.

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

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

FNDA stock opened at $27.98 on Thursday. The company has a market cap of $8.70 billion, a price-to-earnings ratio of 17.55 and a beta of 1.22. The business’s 50-day moving average is $29.33 and its two-hundred day moving average is $29.91. 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.

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

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be paid a $0.051 dividend. The ex-dividend date of this dividend 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.