Lodestar Private Asset Management LLC Acquires 284 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Lodestar Private Asset Management LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 4.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,537 shares of the exchange traded fund’s stock after purchasing an additional 284 shares during the period. Lodestar Private Asset Management LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $359,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in FNDA. Signaturefd LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 8.3% during the 2nd quarter. Signaturefd LLC now owns 4,600 shares of the exchange traded fund’s stock worth $253,000 after purchasing an additional 352 shares in the last quarter. Nations Financial Group Inc. IA ADV bought a new stake in Schwab Fundamental U.S. Small Company Index ETF during the second quarter worth about $259,000. Your Advocates Ltd. LLP grew its stake in Schwab Fundamental U.S. Small Company Index ETF by 10.6% during the second quarter. Your Advocates Ltd. LLP now owns 92,866 shares of the exchange traded fund’s stock worth $5,100,000 after buying an additional 8,898 shares in the last quarter. Alpha Omega Wealth Management LLC increased its holdings in Schwab Fundamental U.S. Small Company Index ETF by 1.5% in the 2nd quarter. Alpha Omega Wealth Management LLC now owns 25,093 shares of the exchange traded fund’s stock valued at $1,378,000 after buying an additional 369 shares during the period. Finally, New Millennium Group LLC raised its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 9.2% in the 2nd quarter. New Millennium Group LLC now owns 21,605 shares of the exchange traded fund’s stock valued at $1,187,000 after buying an additional 1,813 shares in the last quarter.

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

Shares of FNDA stock opened at $58.90 on Friday. Schwab Fundamental U.S. Small Company Index ETF has a fifty-two week low of $44.85 and a fifty-two week high of $61.00. The stock’s fifty day moving average price is $56.86 and its two-hundred day moving average price is $55.80. The company has a market cap of $8.66 billion, a PE ratio of 14.98 and a beta of 1.18.

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.