Brookstone Capital Management Has $1.02 Million Stock Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Brookstone Capital Management trimmed its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 12.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,918 shares of the exchange traded fund’s stock after selling 2,664 shares during the quarter. Brookstone Capital Management’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $1,022,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in FNDA. Charles Schwab Investment Advisory Inc. boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 1.4% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 93,544,825 shares of the exchange traded fund’s stock worth $5,177,706,000 after acquiring an additional 1,249,096 shares in the last quarter. Waddell & Associates LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 0.4% in the 4th quarter. Waddell & Associates LLC now owns 1,250,165 shares of the exchange traded fund’s stock worth $69,202,000 after acquiring an additional 4,791 shares in the last quarter. Clarius Group LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 1.7% in the 4th quarter. Clarius Group LLC now owns 1,117,041 shares of the exchange traded fund’s stock worth $61,828,000 after acquiring an additional 18,416 shares in the last quarter. Steele Capital Management Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the 4th quarter worth approximately $50,338,000. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 55.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 853,747 shares of the exchange traded fund’s stock worth $41,389,000 after acquiring an additional 306,204 shares in the last quarter.

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

NYSEARCA:FNDA opened at $54.92 on Friday. The stock’s fifty day moving average price is $55.29 and its two-hundred day moving average price is $54.88. Schwab Fundamental U.S. Small Company Index ETF has a 52-week low of $44.85 and a 52-week high of $57.53. The company has a market cap of $8.07 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18.

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.