Principal Securities Inc. Purchases 2,201 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Principal Securities Inc. boosted its position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 178.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,434 shares of the exchange traded fund’s stock after acquiring an additional 2,201 shares during the period. Principal Securities Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $102,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of FNDA. Beacon Capital Management LLC increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Beacon Capital Management LLC now owns 1,390 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 695 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its position in Schwab Fundamental U.S. Small Company Index ETF by 91.7% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,458 shares of the exchange traded fund’s stock valued at $311,000 after buying an additional 5,003 shares in the last quarter. Valeo Financial Advisors LLC purchased a new stake in Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter valued at about $254,000. Vicus Capital raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 108.7% in the fourth quarter. Vicus Capital now owns 56,345 shares of the exchange traded fund’s stock valued at $1,673,000 after buying an additional 29,345 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter worth about $221,000.

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

Shares of FNDA stock opened at $29.21 on Wednesday. The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. The stock’s 50-day simple moving average is $30.05 and its 200-day simple moving average is $30.03. Schwab Fundamental U.S. Small Company Index ETF has a fifty-two week low of $26.38 and a fifty-two week high of $32.71.

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.