Horan Capital Advisors LLC. Acquires 11,372 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Horan Capital Advisors LLC. lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 11.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,051 shares of the exchange traded fund’s stock after purchasing an additional 11,372 shares during the quarter. Schwab Fundamental U.S. Small Company Index ETF comprises about 2.3% of Horan Capital Advisors LLC.’s portfolio, making the stock its 8th biggest position. Horan Capital Advisors LLC. owned approximately 0.09% of Schwab Fundamental U.S. Small Company Index ETF worth $6,368,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. AE Wealth Management LLC boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 42.1% in the 3rd quarter. AE Wealth Management LLC now owns 5,735 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 1,700 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 27.1% during the third quarter. Commonwealth Equity Services LLC now owns 31,326 shares of the exchange traded fund’s stock worth $1,519,000 after buying an additional 6,687 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 6.4% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 17,894 shares of the exchange traded fund’s stock worth $868,000 after buying an additional 1,072 shares during the period. Raymond James & Associates grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 116.5% during the third quarter. Raymond James & Associates now owns 10,900 shares of the exchange traded fund’s stock valued at $529,000 after buying an additional 5,865 shares during the last quarter. Finally, Pennsylvania Capital Management Inc. ADV increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 47.0% in the 3rd quarter. Pennsylvania Capital Management Inc. ADV now owns 9,439 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 3,019 shares during the period.

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

FNDA stock traded up $0.45 during midday trading on Friday, reaching $55.13. The stock had a trading volume of 250,288 shares, compared to its average volume of 333,996. The firm has a fifty day simple moving average of $55.08 and a two-hundred day simple moving average of $52.90. The stock has a market cap of $8.08 billion, a PE ratio of 14.31 and a beta of 1.19. Schwab Fundamental U.S. Small Company Index ETF has a 52-week low of $44.85 and a 52-week high of $57.30.

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.