MAI Capital Management Boosts Holdings in Schwab Fundamental U.S. Small Company ETF $FNDA

MAI Capital Management increased its position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 5.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 339,209 shares of the exchange traded fund’s stock after purchasing an additional 17,214 shares during the quarter. MAI Capital Management owned 0.12% of Schwab Fundamental U.S. Small Company ETF worth $10,570,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new position in Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth $28,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter valued at about $35,000. SYM FINANCIAL Corp purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter worth about $36,000. PFS Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the third quarter worth about $39,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter worth about $43,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of FNDA opened at $34.57 on Thursday. Schwab Fundamental U.S. Small Company ETF has a one year low of $23.49 and a one year high of $35.31. The stock has a 50-day moving average price of $33.45 and a 200 day moving average price of $31.89. The company has a market capitalization of $9.87 billion, a P/E ratio of 17.12 and a beta of 1.10.

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.