Cetera Investment Advisers Increases Holdings in Schwab Fundamental U.S. Small Company ETF $FNDA

Cetera Investment Advisers lifted its holdings in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 8.2% in the first quarter, Holdings Channel reports. The fund owned 220,032 shares of the exchange traded fund’s stock after purchasing an additional 16,621 shares during the quarter. Cetera Investment Advisers’ holdings in Schwab Fundamental U.S. Small Company ETF were worth $7,136,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP purchased a new position in Schwab Fundamental U.S. Small Company ETF in the third quarter worth about $15,153,000. HORAN Wealth LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 102.0% during the first quarter. HORAN Wealth LLC now owns 577,082 shares of the exchange traded fund’s stock valued at $18,680,000 after purchasing an additional 291,350 shares during the period. Mariner LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 61.6% in the 4th quarter. Mariner LLC now owns 518,355 shares of the exchange traded fund’s stock valued at $16,333,000 after purchasing an additional 197,637 shares during the last quarter. Winter & Associates Inc. bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at approximately $6,044,000. Finally, Marble Wealth LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at approximately $6,007,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of Schwab Fundamental U.S. Small Company ETF stock opened at $37.17 on Friday. The stock has a market cap of $9.12 billion, a price-to-earnings ratio of 17.12 and a beta of 1.02. The stock has a 50 day moving average price of $37.04 and a 200-day moving average price of $35.11. Schwab Fundamental U.S. Small Company ETF has a one year low of $28.43 and a one year high of $38.29.

About Schwab Fundamental U.S. Small Company ETF

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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.