Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Sees Strong Trading Volume

Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) shares saw strong trading volume on Monday . 511,734 shares traded hands during trading, an increase of 52% from the previous session’s volume of 335,950 shares.The stock last traded at $55.66 and had previously closed at $55.13.

Schwab Fundamental U.S. Small Company Index ETF Trading Down 0.3 %

The firm has a 50 day moving average price of $55.13 and a 200-day moving average price of $53.11. The firm has a market cap of $8.17 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18.

Institutional Trading of Schwab Fundamental U.S. Small Company Index ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Commonwealth Equity Services LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 27.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 31,326 shares of the exchange traded fund’s stock worth $1,519,000 after purchasing an additional 6,687 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 6.4% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 17,894 shares of the exchange traded fund’s stock worth $868,000 after purchasing an additional 1,072 shares during the last quarter. Raymond James & Associates increased its stake in Schwab Fundamental U.S. Small Company Index ETF by 116.5% in the third quarter. Raymond James & Associates now owns 10,900 shares of the exchange traded fund’s stock valued at $529,000 after purchasing an additional 5,865 shares during the last quarter. Aspire Wealth Management Corp boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 11.5% in the 3rd quarter. Aspire Wealth Management Corp now owns 11,158 shares of the exchange traded fund’s stock worth $541,000 after buying an additional 1,149 shares during the last quarter. Finally, Resonant Capital Advisors LLC grew its holdings in Schwab Fundamental U.S. Small Company Index ETF by 0.7% in the 3rd quarter. Resonant Capital Advisors LLC now owns 402,801 shares of the exchange traded fund’s stock valued at $19,532,000 after buying an additional 2,840 shares during the period.

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.