Thrivent Financial for Lutherans Acquires 161,047 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Thrivent Financial for Lutherans boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 89.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 341,020 shares of the exchange traded fund’s stock after acquiring an additional 161,047 shares during the quarter. Thrivent Financial for Lutherans owned 0.23% of Schwab Fundamental U.S. Small Company Index ETF worth $18,729,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Johnson Financial Group Inc. increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 219.6% during the fourth quarter. Johnson Financial Group Inc. now owns 457 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 314 shares during the period. Triad Wealth Partners LLC purchased a new position in Schwab Fundamental U.S. Small Company Index ETF during the 2nd quarter worth $26,000. Principal Securities Inc. bought a new stake in Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter valued at $28,000. Iron Horse Wealth Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the 2nd quarter worth $30,000. Finally, Woodmont Investment Counsel LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the first quarter worth about $32,000.

Schwab Fundamental U.S. Small Company Index ETF Stock Up 0.2 %

Shares of Schwab Fundamental U.S. Small Company Index ETF stock opened at $59.63 on Wednesday. The company has a 50 day moving average price of $57.76 and a 200 day moving average price of $56.18. The firm has a market capitalization of $8.77 billion, a P/E ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a 52 week low of $44.85 and a 52 week high of $61.00.

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.