Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Shares to Split on Friday, October 11th

Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)’s stock is set to split on the morning of Friday, October 11th. The 2-1 split was announced on Wednesday, September 25th. The newly minted shares will be payable to shareholders after the market closes on Thursday, October 10th.

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

Schwab Fundamental U.S. Small Company Index ETF stock traded down $0.40 during trading hours on Thursday, hitting $58.37. The company had a trading volume of 182,131 shares, compared to its average volume of 300,138. The firm has a market cap of $8.58 billion, a P/E ratio of 14.98 and a beta of 1.18. The company has a 50-day moving average price of $57.82 and a two-hundred day moving average price of $56.33. Schwab Fundamental U.S. Small Company Index ETF has a 1 year low of $44.85 and a 1 year high of $61.00.

Institutional Trading of Schwab Fundamental U.S. Small Company Index ETF

A number of large investors have recently modified their holdings of FNDA. Exchange Capital Management Inc. raised its position in Schwab Fundamental U.S. Small Company Index ETF by 4.4% during the 2nd quarter. Exchange Capital Management Inc. now owns 4,496 shares of the exchange traded fund’s stock valued at $247,000 after purchasing an additional 190 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 24.6% in the first quarter. Geneos Wealth Management Inc. now owns 1,095 shares of the exchange traded fund’s stock valued at $62,000 after acquiring an additional 216 shares in the last quarter. Horan Securities Inc. lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 2.3% in the first quarter. Horan Securities Inc. now owns 10,442 shares of the exchange traded fund’s stock worth $596,000 after acquiring an additional 238 shares during the period. Tempus Wealth Planning LLC grew its holdings in Schwab Fundamental U.S. Small Company Index ETF by 3.6% during the 1st quarter. Tempus Wealth Planning LLC now owns 7,187 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 249 shares in the last quarter. Finally, JMG Financial Group Ltd. increased its position in Schwab Fundamental U.S. Small Company Index ETF by 4.4% during the 1st quarter. JMG Financial Group Ltd. now owns 6,353 shares of the exchange traded fund’s stock valued at $362,000 after purchasing an additional 270 shares during the period.

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.