Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Sees Unusually-High Trading Volume

Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) shares saw unusually-strong trading volume on Monday . Approximately 511,734 shares were traded during mid-day trading, an increase of 52% from the previous session’s volume of 335,950 shares.The stock last traded at $55.66 and had previously closed at $55.13.

Schwab Fundamental U.S. Small Company Index ETF Trading Down 0.3 %

The stock has a market cap of $8.17 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. The company has a 50 day simple moving average of $55.13 and a 200-day simple moving average of $53.11.

Institutional Investors Weigh In On Schwab Fundamental U.S. Small Company Index ETF

Several large investors have recently made changes to their positions in the stock. Cozad Asset Management Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the 1st quarter worth approximately $315,000. Bleakley Financial Group LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the first quarter valued at $201,000. Avantax Advisory Services Inc. raised its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 122.9% in the first quarter. Avantax Advisory Services Inc. now owns 15,379 shares of the exchange traded fund’s stock valued at $877,000 after purchasing an additional 8,478 shares during the period. Wealth Forward LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 3.6% during the 1st quarter. Wealth Forward LLC now owns 299,594 shares of the exchange traded fund’s stock worth $17,086,000 after buying an additional 10,472 shares during the last quarter. Finally, Seven Springs Wealth Group LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 3.0% during the 1st quarter. Seven Springs Wealth Group LLC now owns 173,362 shares of the exchange traded fund’s stock worth $9,887,000 after buying an additional 5,126 shares during the period.

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.