Forte Capital LLC ADV Makes New $5.07 Million Investment in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Forte Capital LLC ADV bought a new stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) in the 4th quarter, Holdings Channel reports. The institutional investor bought 91,672 shares of the exchange traded fund’s stock, valued at approximately $5,074,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Signature Resources Capital Management LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter worth $34,000. Geneos Wealth Management Inc. boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 1,341.0% in the 4th quarter. Geneos Wealth Management Inc. now owns 879 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 818 shares in the last quarter. GoalVest Advisory LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter valued at approximately $53,000. AlphaCore Capital LLC increased its position in Schwab Fundamental U.S. Small Company Index ETF by 621.6% during the 3rd quarter. AlphaCore Capital LLC now owns 1,739 shares of the exchange traded fund’s stock worth $84,000 after purchasing an additional 1,498 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 519.0% in the 3rd quarter. Larson Financial Group LLC now owns 1,820 shares of the exchange traded fund’s stock valued at $88,000 after purchasing an additional 1,526 shares during the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Trading Up 0.8 %

Schwab Fundamental U.S. Small Company Index ETF stock traded up $0.45 during mid-day trading on Friday, reaching $55.13. The company had a trading volume of 250,289 shares, compared to its average volume of 333,996. The business has a fifty day simple moving average of $55.08 and a 200 day simple moving average of $52.93. The company has a market cap of $8.08 billion, a P/E ratio of 14.31 and a beta of 1.19. Schwab Fundamental U.S. Small Company Index ETF has a fifty-two week low of $44.85 and a fifty-two week high of $57.30.

About Schwab Fundamental U.S. Small Company Index 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.