B. Riley Wealth Advisors Inc. Buys Shares of 56,871 Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

B. Riley Wealth Advisors Inc. purchased a new position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 56,871 shares of the exchange traded fund’s stock, valued at approximately $3,148,000.

Several other institutional investors have also added to or reduced their stakes in FNDA. Cambridge Advisors Inc. grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 0.8% in the fourth quarter. Cambridge Advisors Inc. now owns 25,033 shares of the exchange traded fund’s stock worth $1,386,000 after purchasing an additional 190 shares during the last quarter. Auxano Advisors LLC lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 3.4% during the fourth quarter. Auxano Advisors LLC now owns 6,196 shares of the exchange traded fund’s stock worth $343,000 after buying an additional 201 shares during the period. PFG Advisors boosted its position in Schwab Fundamental U.S. Small Company Index ETF by 4.1% during the 4th quarter. PFG Advisors now owns 6,493 shares of the exchange traded fund’s stock valued at $359,000 after acquiring an additional 254 shares in the last quarter. Red Tortoise LLC increased its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 7.0% in the 4th quarter. Red Tortoise LLC now owns 4,166 shares of the exchange traded fund’s stock valued at $231,000 after acquiring an additional 273 shares during the period. Finally, Addison Advisors LLC increased its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 0.6% in the 4th quarter. Addison Advisors LLC now owns 48,581 shares of the exchange traded fund’s stock valued at $2,689,000 after acquiring an additional 298 shares during the period.

Schwab Fundamental U.S. Small Company Index ETF Trading Up 0.8 %

Shares of NYSEARCA:FNDA opened at $54.58 on Tuesday. Schwab Fundamental U.S. Small Company Index ETF has a 12-month low of $44.85 and a 12-month high of $57.53. The business’s fifty day simple moving average is $55.17 and its 200-day simple moving average is $54.70. The company has a market capitalization of $8.02 billion, a PE ratio of 14.98 and a beta of 1.18.

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.