Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Sees Strong Trading Volume – Time to Buy?

Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) saw an uptick in trading volume on Wednesday . 6,198,639 shares were traded during trading, an increase of 769% from the previous session’s volume of 713,554 shares.The stock last traded at $25.34 and had previously closed at $23.85.

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

The firm has a 50-day moving average of $28.03 and a 200-day moving average of $29.59. The stock has a market cap of $7.83 billion, a PE ratio of 15.53 and a beta of 1.11.

Schwab Fundamental U.S. Small Company Index ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were given a dividend of $0.051 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Breakwater Capital Group bought a new stake in Schwab Fundamental U.S. Small Company Index ETF in the 1st quarter worth approximately $458,000. Charles Schwab Trust Co increased its position in Schwab Fundamental U.S. Small Company Index ETF by 5.0% in the first quarter. Charles Schwab Trust Co now owns 389,817 shares of the exchange traded fund’s stock worth $10,677,000 after purchasing an additional 18,626 shares during the last quarter. HBW Advisory Services LLC increased its position in Schwab Fundamental U.S. Small Company Index ETF by 6.9% in the first quarter. HBW Advisory Services LLC now owns 58,587 shares of the exchange traded fund’s stock worth $1,605,000 after purchasing an additional 3,767 shares during the last quarter. ST Germain D J Co. Inc. purchased a new stake in Schwab Fundamental U.S. Small Company Index ETF during the first quarter valued at $55,000. Finally, Moller Wealth Partners lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 11.4% during the first quarter. Moller Wealth Partners now owns 1,114,261 shares of the exchange traded fund’s stock valued at $30,520,000 after purchasing an additional 113,945 shares during the last quarter.

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.