Cedar Point Capital Partners LLC Buys Shares of 17,548 Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Cedar Point Capital Partners LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 17,548 shares of the exchange traded fund’s stock, valued at approximately $971,000. Schwab Fundamental U.S. Small Company Index ETF comprises 0.8% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 26th largest holding.

Several other institutional investors have also added to or reduced their stakes in FNDA. Geneos Wealth Management Inc. boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 1,341.0% during the 4th 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 last quarter. GoalVest Advisory LLC purchased a new stake in Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter valued at $53,000. AlphaCore Capital LLC boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 621.6% during the 3rd quarter. AlphaCore Capital LLC now owns 1,739 shares of the exchange traded fund’s stock valued at $84,000 after purchasing an additional 1,498 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 519.0% in the 3rd quarter. Larson Financial Group LLC now owns 1,820 shares of the exchange traded fund’s stock worth $88,000 after buying an additional 1,526 shares during the last quarter. Finally, Sheets Smith Wealth Management purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the 3rd quarter worth $95,000.

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

Shares of FNDA stock traded up $0.27 on Friday, reaching $54.45. The stock had a trading volume of 241,949 shares, compared to its average volume of 338,660. The stock has a market cap of $7.98 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. The company has a 50 day simple moving average of $55.09 and a 200 day simple moving average of $52.67.

About Schwab Fundamental U.S. Small Company Index ETF

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.