Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Sets New 1-Year High – Here’s What Happened

by · The Cerbat Gem

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA – Get Free Report)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $32.28 and last traded at $32.4420, with a volume of 770397 shares. The stock had previously closed at $31.85.

Schwab Fundamental U.S. Small Company ETF Price Performance

The stock has a market cap of $9.18 billion, a PE ratio of 17.12 and a beta of 1.10. The company’s fifty day moving average is $30.97 and its 200-day moving average is $30.18.

Hedge Funds Weigh In On Schwab Fundamental U.S. Small Company ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vantagepoint Investment Advisers LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter valued at approximately $48,804,000. AlphaCore Capital LLC grew its stake in shares of Schwab Fundamental U.S. Small Company ETF by 25,486.2% during the 2nd quarter. AlphaCore Capital LLC now owns 897,565 shares of the exchange traded fund’s stock worth $25,715,000 after purchasing an additional 894,057 shares during the period. Wellington Management Group LLP acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 3rd quarter worth approximately $15,153,000. HORAN Wealth LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 2nd quarter valued at approximately $7,632,000. Finally, Prairiewood Capital LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 12.0% in the 2nd quarter. Prairiewood Capital LLC now owns 1,755,747 shares of the exchange traded fund’s stock valued at $50,302,000 after purchasing an additional 187,569 shares during the period.

Schwab Fundamental U.S. Small Company ETF Company Profile

(Get Free Report)

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.

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