Schwab Fundamental U.S. Small Company ETF $FNDA Stake Boosted by Kaizen Financial Strategies

Kaizen Financial Strategies increased its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 64.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 95,512 shares of the exchange traded fund’s stock after acquiring an additional 37,342 shares during the period. Schwab Fundamental U.S. Small Company ETF comprises 1.4% of Kaizen Financial Strategies’ holdings, making the stock its 19th largest position. Kaizen Financial Strategies’ holdings in Schwab Fundamental U.S. Small Company ETF were worth $3,343,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FNDA. Highland Investment Advisors LLC bought a new stake in Schwab Fundamental U.S. Small Company ETF during the 2nd quarter valued at approximately $27,000. Osbon Capital Management LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at approximately $28,000. Compass Financial Management LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 2nd quarter valued at approximately $33,000. Western Wealth Management LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the first quarter valued at approximately $45,000. Finally, GAMMA Investing LLC boosted its position in shares of Schwab Fundamental U.S. Small Company ETF by 89.4% during the second quarter. GAMMA Investing LLC now owns 1,375 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 649 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Price Performance

FNDA stock traded up $0.06 during midday trading on Friday, hitting $35.62. The stock had a trading volume of 2,444,738 shares, compared to its average volume of 1,108,729. The firm has a market cap of $8.77 billion, a price-to-earnings ratio of 17.12 and a beta of 1.05. The business has a 50-day moving average of $36.81 and a two-hundred day moving average of $36.17. Schwab Fundamental U.S. Small Company ETF has a 52-week low of $29.31 and a 52-week high of $38.59.

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.