Adero Partners LLC Has $360,000 Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Adero Partners LLC raised its position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 99.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,107 shares of the exchange traded fund’s stock after buying an additional 6,041 shares during the quarter. Adero Partners LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $360,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in FNDA. Hamilton Point Investment Advisors LLC boosted its position in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the 4th quarter. Hamilton Point Investment Advisors LLC now owns 840 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 420 shares during the period. Bristlecone Advisors LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the third quarter worth approximately $27,000. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 972 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 486 shares during the period. Voisard Asset Management Group Inc. purchased a new position in Schwab Fundamental U.S. Small Company Index ETF during the third quarter valued at approximately $37,000. Finally, Signature Resources Capital Management LLC increased its stake in Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the 4th quarter. Signature Resources Capital Management LLC now owns 1,232 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 616 shares during the period.

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

Shares of Schwab Fundamental U.S. Small Company Index ETF stock opened at $30.54 on Thursday. The stock has a 50-day simple moving average of $30.54 and a 200-day simple moving average of $29.90. Schwab Fundamental U.S. Small Company Index ETF has a 52-week low of $26.32 and a 52-week high of $32.71. The firm has a market cap of $4.49 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18.

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.