Brookstone Capital Management Boosts Stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Brookstone Capital Management increased its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 45.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 11,282 shares of the exchange traded fund’s stock after purchasing an additional 3,547 shares during the quarter. Brookstone Capital Management’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $335,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 30.5% during 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 holdings in Schwab Fundamental U.S. Small Company Index ETF by 24.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 36,426 shares of the exchange traded fund’s stock valued at $2,000,000 after purchasing an additional 7,211 shares in the last quarter. Blair William & Co. IL boosted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 27.4% in the second 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 increased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 6.5% in the second quarter. Brighton Jones LLC now owns 6,445 shares of the exchange traded fund’s stock worth $354,000 after purchasing an additional 393 shares in the last quarter. Finally, AE Wealth Management LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the 2nd quarter valued at $245,000.

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

Shares of Schwab Fundamental U.S. Small Company Index ETF stock opened at $30.50 on Friday. The company has a fifty day moving average of $30.78 and a 200 day moving average of $29.69. The company has a market capitalization of $4.48 billion, a P/E ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a fifty-two week low of $26.07 and a fifty-two week high of $32.71.

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.