JMG Financial Group Ltd. Invests $337,000 in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

JMG Financial Group Ltd. acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 6,083 shares of the exchange traded fund’s stock, valued at approximately $337,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FNDA. Geneos Wealth Management Inc. lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 1,341.0% in the fourth quarter. Geneos Wealth Management Inc. now owns 879 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 818 shares during the period. GoalVest Advisory LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter worth approximately $53,000. AlphaCore Capital LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 621.6% in the 3rd quarter. AlphaCore Capital LLC now owns 1,739 shares of the exchange traded fund’s stock worth $84,000 after acquiring an additional 1,498 shares during the period. Blue Trust Inc. purchased a new position in Schwab Fundamental U.S. Small Company Index ETF in the 4th quarter valued at approximately $98,000. Finally, Larson Financial Group LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 519.0% during the third quarter. Larson Financial Group LLC now owns 1,820 shares of the exchange traded fund’s stock worth $88,000 after purchasing an additional 1,526 shares during the last quarter.

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

FNDA traded up $0.90 during trading on Tuesday, reaching $54.67. 270,996 shares of the stock were exchanged, compared to its average volume of 343,569. The company has a market capitalization of $8.01 billion, a price-to-earnings 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. The business’s 50 day moving average price is $55.09 and its two-hundred day moving average price is $52.55.

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.