Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Shares Purchased by Focus Financial Network Inc.

Focus Financial Network Inc. raised its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 10.5% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 11,266 shares of the exchange traded fund’s stock after buying an additional 1,071 shares during the quarter. Focus Financial Network Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $666,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FNDA. Johnson Financial Group Inc. lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 219.6% in the fourth quarter. Johnson Financial Group Inc. now owns 457 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 314 shares during the period. Triad Wealth Partners LLC acquired a new stake in Schwab Fundamental U.S. Small Company Index ETF during the second quarter valued at approximately $26,000. Principal Securities Inc. bought a new stake in Schwab Fundamental U.S. Small Company Index ETF during the fourth quarter worth approximately $28,000. Woodmont Investment Counsel LLC acquired a new position in Schwab Fundamental U.S. Small Company Index ETF in the first quarter worth approximately $32,000. Finally, Benjamin F. Edwards & Company Inc. boosted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 179.2% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 603 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 387 shares during the period.

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

FNDA traded down $0.61 during trading on Tuesday, reaching $57.10. The company had a trading volume of 235,697 shares, compared to its average volume of 315,541. Schwab Fundamental U.S. Small Company Index ETF has a 12-month low of $44.85 and a 12-month high of $61.00. The company has a market cap of $8.39 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. The firm’s 50-day simple moving average is $56.22 and its 200 day simple moving average is $55.54.

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.