Mercer Global Advisors Inc. ADV Acquires 7,211 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Mercer Global Advisors Inc. ADV lifted its holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 24.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,426 shares of the exchange traded fund’s stock after acquiring an additional 7,211 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $2,000,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FNDA. Johnson Financial Group Inc. lifted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 219.6% in the 4th quarter. Johnson Financial Group Inc. now owns 457 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 314 shares during the last quarter. Triad Wealth Partners LLC purchased a new stake in Schwab Fundamental U.S. Small Company Index ETF during the 2nd quarter valued at $26,000. Principal Securities Inc. bought a new stake in Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter worth $28,000. Iron Horse Wealth Management LLC purchased a new position in Schwab Fundamental U.S. Small Company Index ETF during the second quarter worth $30,000. Finally, Woodmont Investment Counsel LLC bought a new position in Schwab Fundamental U.S. Small Company Index ETF during the first quarter valued at $32,000.

Schwab Fundamental U.S. Small Company Index ETF Trading Up 0.2 %

Shares of FNDA opened at $59.52 on Tuesday. The company’s fifty day simple moving average is $57.76 and its 200-day simple moving average is $56.15. The company has a market cap of $8.75 billion, a P/E ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a twelve month low of $44.85 and a twelve month high of $61.00.

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.