Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Shares Bought by Lakewood Asset Management LLC

Lakewood Asset Management LLC increased its position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 97.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 71,830 shares of the exchange traded fund’s stock after acquiring an additional 35,527 shares during the quarter. Schwab Fundamental U.S. Small Company Index ETF accounts for approximately 1.5% of Lakewood Asset Management LLC’s holdings, making the stock its 19th largest holding. Lakewood Asset Management LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $2,133,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 30.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 43,619 shares of the exchange traded fund’s stock valued at $2,396,000 after buying an additional 10,204 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 24.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 36,426 shares of the exchange traded fund’s stock worth $2,000,000 after purchasing an additional 7,211 shares during the period. Blair William & Co. IL lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 27.4% during the 2nd quarter. Blair William & Co. IL now owns 3,596 shares of the exchange traded fund’s stock worth $197,000 after purchasing an additional 773 shares during the period. Brighton Jones LLC raised its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 6.5% in the 2nd quarter. Brighton Jones LLC now owns 6,445 shares of the exchange traded fund’s stock worth $354,000 after buying an additional 393 shares during the period. Finally, AE Wealth Management LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the 2nd quarter worth $245,000.

Schwab Fundamental U.S. Small Company Index ETF Trading Up 1.5 %

Shares of FNDA opened at $30.19 on Thursday. Schwab Fundamental U.S. Small Company Index ETF has a twelve month low of $25.98 and a twelve month high of $32.71. The firm has a market capitalization of $4.44 billion, a P/E ratio of 14.98 and a beta of 1.18. The stock’s fifty day simple moving average is $30.82 and its 200 day simple moving average is $29.65.

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