Adero Partners LLC Acquires 6,041 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Adero Partners LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 99.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,107 shares of the exchange traded fund’s stock after purchasing an additional 6,041 shares during the quarter. Adero Partners LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $360,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FNDA. Hamilton Point Investment Advisors LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the 4th quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 420 shares during the period. Bristlecone Advisors LLC acquired a new stake in Schwab Fundamental U.S. Small Company Index ETF during the third quarter valued at approximately $27,000. Bartlett & CO. Wealth Management LLC grew its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 972 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 486 shares during the period. Voisard Asset Management Group Inc. bought a new stake in Schwab Fundamental U.S. Small Company Index ETF in the third quarter valued at $37,000. Finally, Signature Resources Capital Management LLC raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Signature Resources Capital Management LLC now owns 1,232 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 616 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Performance

Shares of NYSEARCA:FNDA opened at $30.54 on Thursday. The company’s fifty day moving average is $30.54 and its 200-day moving average is $29.90. Schwab Fundamental U.S. Small Company Index ETF has a 52 week low of $26.32 and a 52 week high of $32.71. The company has a market capitalization of $4.49 billion, a PE ratio of 14.98 and a beta of 1.18.

Schwab Fundamental U.S. Small Company Index ETF 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.