Dickmeyer Boyce Financial Management Inc. Takes Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Dickmeyer Boyce Financial Management Inc. bought a new position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 50,262 shares of the exchange traded fund’s stock, valued at approximately $1,630,000. Schwab Fundamental U.S. Small Company ETF comprises 1.0% of Dickmeyer Boyce Financial Management Inc.’s investment portfolio, making the stock its 26th largest position.

Other hedge funds also recently made changes to their positions in the company. Phillips Financial Management LLC bought a new stake in Schwab Fundamental U.S. Small Company ETF in the 4th quarter worth $26,000. Russell Investments Group Ltd. raised its stake in shares of Schwab Fundamental U.S. Small Company ETF by 94.3% during the fourth quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 410 shares during the last quarter. Osbon Capital Management LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF during the fourth quarter valued at about $28,000. Smartleaf Asset Management LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 214.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 654 shares during the period. Finally, High Note Wealth LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the fourth quarter worth about $34,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

NYSEARCA FNDA opened at $37.25 on Friday. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $28.43 and a 1 year high of $38.29. The stock has a market capitalization of $9.14 billion, a PE ratio of 17.12 and a beta of 1.02. The business’s 50-day moving average is $36.78 and its 200 day moving average is $34.94.

Schwab Fundamental U.S. Small Company 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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.