Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Hits New 1-Year High – Should You Buy?

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDAGet Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $38.29 and last traded at $37.92, with a volume of 606462 shares changing hands. The stock had previously closed at $38.06.

Schwab Fundamental U.S. Small Company ETF Stock Down 0.4%

The firm’s 50 day simple moving average is $36.16 and its 200 day simple moving average is $34.32. The company has a market capitalization of $9.30 billion, a PE ratio of 17.12 and a beta of 1.02.

Hedge Funds Weigh In On Schwab Fundamental U.S. Small Company ETF

A number of large investors have recently made changes to their positions in FNDA. Wellington Management Group LLP purchased a new stake in Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth about $15,153,000. HORAN Wealth LLC lifted its stake in Schwab Fundamental U.S. Small Company ETF by 102.0% in the first quarter. HORAN Wealth LLC now owns 577,082 shares of the exchange traded fund’s stock worth $18,680,000 after purchasing an additional 291,350 shares during the last quarter. Mariner LLC boosted its position in shares of Schwab Fundamental U.S. Small Company ETF by 61.6% during the fourth quarter. Mariner LLC now owns 518,355 shares of the exchange traded fund’s stock valued at $16,333,000 after buying an additional 197,637 shares during the period. Winter & Associates Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company ETF during the fourth quarter valued at approximately $6,044,000. Finally, Marble Wealth LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF during the fourth quarter valued at approximately $6,007,000.

About Schwab Fundamental U.S. Small Company ETF

(Get Free Report)

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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.

See Also

Receive News & Ratings for Schwab Fundamental U.S. Small Company ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental U.S. Small Company ETF and related companies with MarketBeat.com's FREE daily email newsletter.