PNC Financial Services Group Inc. Grows Stock Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

PNC Financial Services Group Inc. lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,671 shares of the exchange traded fund’s stock after acquiring an additional 337 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $203,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Charles Schwab Investment Advisory Inc. increased its position in Schwab Fundamental U.S. Small Company Index ETF by 1.4% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 93,544,825 shares of the exchange traded fund’s stock valued at $5,177,706,000 after purchasing an additional 1,249,096 shares during the period. Steele Capital Management Inc. bought a new position in Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter worth approximately $50,338,000. Ameriprise Financial Inc. lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF by 55.9% during the third quarter. Ameriprise Financial Inc. now owns 853,747 shares of the exchange traded fund’s stock worth $41,389,000 after buying an additional 306,204 shares during the period. Wealth Forward LLC bought a new stake in Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter valued at $16,003,000. Finally, Pasadena Private Wealth LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the 4th quarter valued at $14,292,000.

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

Shares of NYSEARCA FNDA opened at $54.65 on Wednesday. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $44.85 and a 1-year high of $57.53. The business has a fifty day moving average price of $55.30 and a 200 day moving average price of $54.89. The stock has a market capitalization of $8.03 billion, a P/E 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.