Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Sees Large Volume Increase – Here’s What Happened

Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) saw unusually-high trading volume on Monday . Approximately 3,136,913 shares were traded during mid-day trading, an increase of 254% from the previous session’s volume of 885,268 shares.The stock last traded at $28.14 and had previously closed at $27.16.

Schwab Fundamental U.S. Small Company Index ETF Stock Up 3.6%

The company has a market capitalization of $8.42 billion, a P/E ratio of 17.38 and a beta of 1.11. The business has a 50 day moving average of $26.59 and a 200 day moving average of $29.10.

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

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a $0.051 dividend. The ex-dividend date was Wednesday, March 26th.

Hedge Funds Weigh In On Schwab Fundamental U.S. Small Company Index ETF

Institutional investors have recently bought and sold shares of the business. True North Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the 1st quarter worth about $1,081,000. Townsquare Capital LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the 1st quarter worth about $276,000. Savvy Advisors Inc. lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 8.4% in the 1st quarter. Savvy Advisors Inc. now owns 11,621 shares of the exchange traded fund’s stock worth $318,000 after acquiring an additional 901 shares during the last quarter. AlphaCore Capital LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the 1st quarter worth about $96,000. Finally, Ironwood Investment Counsel LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 26.3% in the 1st quarter. Ironwood Investment Counsel LLC now owns 1,245,013 shares of the exchange traded fund’s stock worth $34,101,000 after acquiring an additional 259,556 shares during the last quarter.

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