Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) is Waddell & Associates LLC’s 2nd Largest Position

Waddell & Associates LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 1.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,253,794 shares of the exchange traded fund’s stock after buying an additional 23,569 shares during the quarter. Schwab Fundamental U.S. Small Company Index ETF accounts for 9.1% of Waddell & Associates LLC’s portfolio, making the stock its 2nd largest position. Waddell & Associates LLC owned about 0.85% of Schwab Fundamental U.S. Small Company Index ETF worth $68,858,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Charles Schwab Investment Advisory Inc. lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 2.6% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 95,952,017 shares of the exchange traded fund’s stock worth $5,472,144,000 after purchasing an additional 2,407,192 shares in the last quarter. SageView Advisory Group LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 7,131.4% during the first quarter. SageView Advisory Group LLC now owns 2,953,940 shares of the exchange traded fund’s stock worth $168,463,000 after purchasing an additional 2,913,091 shares in the last quarter. Steele Capital Management Inc. lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 3.6% during the second quarter. Steele Capital Management Inc. now owns 975,856 shares of the exchange traded fund’s stock worth $53,799,000 after purchasing an additional 33,766 shares in the last quarter. Prairiewood Capital LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 5.0% during the second quarter. Prairiewood Capital LLC now owns 635,543 shares of the exchange traded fund’s stock worth $34,904,000 after purchasing an additional 30,357 shares in the last quarter. Finally, Trilogy Capital Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the first quarter worth $34,278,000.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 1.6 %

Shares of NYSEARCA FNDA traded down $0.91 during trading on Friday, reaching $56.23. 249,061 shares of the stock were exchanged, compared to its average volume of 308,167. The business’s 50-day moving average price is $57.13 and its 200 day moving average price is $55.91. Schwab Fundamental U.S. Small Company Index ETF has a twelve month low of $44.85 and a twelve month high of $61.00. The company has a market capitalization of $8.27 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18.

Schwab Fundamental U.S. Small Company Index ETF 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.