World Equity Group Inc. Buys Shares of 7,010 Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

World Equity Group Inc. bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the 4th quarter, HoldingsChannel reports. The firm bought 7,010 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Several other institutional investors have also added to or reduced their stakes in FNDA. Hamilton Point Investment Advisors LLC boosted its stake 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 valued at $25,000 after purchasing an additional 420 shares during the last quarter. American Capital Advisory LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 101.1% in the 4th quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 442 shares during the last quarter. Bristlecone Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the 3rd quarter worth $27,000. Bartlett & CO. Wealth Management LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 972 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 486 shares during the last quarter. Finally, Iron Horse Wealth Management LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 100.0% in the 4th quarter. Iron Horse Wealth Management LLC now owns 1,092 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 546 shares during the last quarter.

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

FNDA stock opened at $29.22 on Tuesday. The company has a market cap of $4.30 billion, a P/E ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a 1 year low of $26.38 and a 1 year high of $32.71. The stock’s fifty day moving average price is $30.09 and its 200-day moving average price is $30.02.

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.