Schwab Fundamental U.S. Small Company ETF $FNDA Shares Newly Purchased by Steele Capital Management Inc.

Steele Capital Management Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 2,177,508 shares of the exchange traded fund’s stock, valued at approximately $76,213,000. Schwab Fundamental U.S. Small Company ETF makes up approximately 2.8% of Steele Capital Management Inc.’s investment portfolio, making the stock its 12th biggest position. Steele Capital Management Inc. owned approximately 0.88% of Schwab Fundamental U.S. Small Company ETF at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC acquired a new position in Schwab Fundamental U.S. Small Company ETF in the third quarter valued at about $47,472,000. Moller Wealth Partners bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the third quarter valued at approximately $43,342,000. Wealth Forward LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 91.0% in the 3rd quarter. Wealth Forward LLC now owns 1,153,317 shares of the exchange traded fund’s stock worth $40,366,000 after acquiring an additional 549,476 shares in the last quarter. HORAN Wealth LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 102.0% in the 1st quarter. HORAN Wealth LLC now owns 577,082 shares of the exchange traded fund’s stock worth $18,680,000 after acquiring an additional 291,350 shares in the last quarter. Finally, Integrity Alliance LLC. acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth approximately $4,706,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

NYSEARCA FNDA opened at $35.50 on Friday. The firm has a market cap of $8.79 billion, a PE ratio of 17.12 and a beta of 1.06. Schwab Fundamental U.S. Small Company ETF has a one year low of $29.31 and a one year high of $38.59. The stock’s 50 day simple moving average is $35.99 and its 200 day simple moving average is $35.62.

Schwab Fundamental U.S. Small Company 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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.