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

Cabot Wealth Management Inc. purchased a new stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 188,244 shares of the exchange traded fund’s stock, valued at approximately $6,589,000. Cabot Wealth Management Inc. owned approximately 0.08% of Schwab Fundamental U.S. Small Company ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of FNDA. Washington Trust Advisors Inc. increased its stake in shares of Schwab Fundamental U.S. Small Company ETF by 1.9% during the 2nd quarter. Washington Trust Advisors Inc. now owns 25,380 shares of the exchange traded fund’s stock worth $966,000 after purchasing an additional 477 shares in the last quarter. Root Financial Partners LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 4.1% during the 3rd quarter. Root Financial Partners LLC now owns 14,835 shares of the exchange traded fund’s stock worth $519,000 after purchasing an additional 584 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 1.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 61,580 shares of the exchange traded fund’s stock worth $2,344,000 after purchasing an additional 597 shares during the last quarter. GAMMA Investing LLC lifted its stake in Schwab Fundamental U.S. Small Company ETF by 89.4% in the 2nd quarter. GAMMA Investing LLC now owns 1,375 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 649 shares in the last quarter. Finally, Highland Investment Advisors LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF in the 2nd quarter valued at approximately $27,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of NYSEARCA:FNDA opened at $36.58 on Thursday. The business’s fifty day moving average price is $35.91 and its two-hundred day moving average price is $35.67. The stock has a market cap of $9.04 billion, a PE ratio of 17.08 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.

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.