Steele Capital Management Inc. Purchases Shares of 909,455 Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Steele Capital Management Inc. purchased a new stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 909,455 shares of the exchange traded fund’s stock, valued at approximately $50,338,000. Schwab Fundamental U.S. Small Company Index ETF accounts for about 3.3% of Steele Capital Management Inc.’s holdings, making the stock its 12th biggest position. Steele Capital Management Inc. owned 0.70% of Schwab Fundamental U.S. Small Company Index ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AE Wealth Management LLC boosted its stake in shares of 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 valued at $278,000 after purchasing an additional 1,700 shares in the last quarter. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the 3rd quarter valued at $205,000. Commonwealth Equity Services LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 27.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 31,326 shares of the exchange traded fund’s stock valued at $1,519,000 after purchasing an additional 6,687 shares in the last quarter. Sheets Smith Wealth Management acquired a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the 3rd quarter valued at $95,000. Finally, First Pacific Financial lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 0.4% during the 3rd quarter. First Pacific Financial now owns 412,068 shares of the exchange traded fund’s stock worth $19,981,000 after buying an additional 1,552 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Trading Up 0.5 %

NYSEARCA FNDA traded up $0.28 on Monday, hitting $54.73. 217,300 shares of the company were exchanged, compared to its average volume of 337,179. The firm has a 50 day moving average of $55.09 and a two-hundred day moving average of $52.73. The company has a market cap of $8.02 billion, a P/E ratio of 14.31 and a beta of 1.19. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $44.85 and a 1-year 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.