Bristlecone Value Partners LLC Invests $636,000 in Schwab Fundamental U.S. Small Company ETF $FNDA

Bristlecone Value Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 20,190 shares of the exchange traded fund’s stock, valued at approximately $636,000. Schwab Fundamental U.S. Small Company ETF makes up approximately 0.7% of Bristlecone Value Partners LLC’s portfolio, making the stock its 25th biggest position.

Several other large investors also recently made changes to their positions in the stock. Waddell & Associates LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 1.5% during the 4th quarter. Waddell & Associates LLC now owns 2,823,762 shares of the exchange traded fund’s stock worth $88,977,000 after acquiring an additional 41,512 shares in the last quarter. Steele Capital Management Inc. boosted its stake in Schwab Fundamental U.S. Small Company ETF by 4.2% during the 4th quarter. Steele Capital Management Inc. now owns 2,047,126 shares of the exchange traded fund’s stock valued at $64,505,000 after purchasing an additional 81,671 shares during the period. Prairiewood Capital LLC boosted its stake 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 valued at $62,703,000 after purchasing an additional 158,837 shares during the period. UBS Group AG boosted its stake in Schwab Fundamental U.S. Small Company ETF by 5.7% during the 4th quarter. UBS Group AG now owns 1,428,932 shares of the exchange traded fund’s stock valued at $45,026,000 after purchasing an additional 76,901 shares during the period. Finally, Riverpoint Wealth Management Holdings LLC boosted its stake in Schwab Fundamental U.S. Small Company ETF by 2.0% during the 4th quarter. Riverpoint Wealth Management Holdings LLC now owns 1,142,826 shares of the exchange traded fund’s stock valued at $36,010,000 after purchasing an additional 22,347 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Up 0.9%

Shares of NYSEARCA:FNDA opened at $37.21 on Friday. The business has a 50 day moving average price of $35.33 and a 200 day moving average price of $33.79. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $27.68 and a twelve month high of $37.43. The company has a market cap of $10.67 billion, a price-to-earnings ratio of 17.12 and a beta of 1.03.

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.