Argos Wealth Advisors LLC Takes $2.39 Million Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Argos Wealth Advisors LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 75,840 shares of the exchange traded fund’s stock, valued at approximately $2,390,000. Schwab Fundamental U.S. Small Company ETF makes up 0.7% of Argos Wealth Advisors LLC’s holdings, making the stock its 19th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FNDA. Vantagepoint Investment Advisers LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF during the 3rd quarter worth about $48,804,000. Wellington Management Group LLP purchased a new stake in Schwab Fundamental U.S. Small Company ETF during the 3rd quarter worth about $15,153,000. Focus Partners Advisor Solutions LLC increased its position in Schwab Fundamental U.S. Small Company ETF by 88.4% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 390,210 shares of the exchange traded fund’s stock worth $12,051,000 after purchasing an additional 183,044 shares in the last quarter. Prairiewood Capital LLC increased its position in Schwab Fundamental U.S. Small Company ETF by 8.7% during the 4th quarter. Prairiewood Capital LLC now owns 1,989,955 shares of the exchange traded fund’s stock worth $62,703,000 after purchasing an additional 158,837 shares in the last quarter. Finally, Shore Point Advisors LLC increased its position in Schwab Fundamental U.S. Small Company ETF by 31.8% during the 4th quarter. Shore Point Advisors LLC now owns 599,669 shares of the exchange traded fund’s stock worth $18,896,000 after purchasing an additional 144,534 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Trading Down 1.1%

Schwab Fundamental U.S. Small Company ETF stock opened at $35.42 on Wednesday. The stock has a market cap of $10.16 billion, a PE ratio of 17.12 and a beta of 1.05. The stock has a 50-day moving average price of $33.87 and a 200 day moving average price of $32.96. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $26.96 and a 52 week high of $36.32.

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.