Northland Capital Management LLC Purchases 56,050 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA

by · The Cerbat Gem

Northland Capital Management LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDAFree Report) by 50.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 166,335 shares of the exchange traded fund’s stock after buying an additional 56,050 shares during the period. Schwab Fundamental U.S. Small Company ETF comprises approximately 2.9% of Northland Capital Management LLC’s investment portfolio, making the stock its 12th biggest position. Northland Capital Management LLC owned 0.06% of Schwab Fundamental U.S. Small Company ETF worth $5,241,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 97.5% in the fourth quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock worth $379,000 after buying an additional 6,299 shares during the period. Revolve Wealth Partners LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF during the 4th quarter valued at $256,000. Royal Bank of Canada boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 58.3% during the 1st quarter. Royal Bank of Canada now owns 104,110 shares of the exchange traded fund’s stock valued at $2,852,000 after acquiring an additional 38,354 shares during the period. AQR Capital Management LLC bought a new position in Schwab Fundamental U.S. Small Company ETF in the 1st quarter valued at $711,000. Finally, Goldman Sachs Group Inc. bought a new position in Schwab Fundamental U.S. Small Company ETF in the 1st quarter valued at $274,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

FNDA stock opened at $32.78 on Friday. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $23.49 and a twelve month high of $35.31. The firm has a market cap of $9.38 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10. The business’s fifty day simple moving average is $33.50 and its two-hundred day simple moving average is $32.25.

About Schwab Fundamental U.S. Small Company ETF

(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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.

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