Northwestern Mutual Wealth Management Co. Has $13.58 Million Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Northwestern Mutual Wealth Management Co. grew its position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 5.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 430,999 shares of the exchange traded fund’s stock after acquiring an additional 20,988 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $13,581,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Phillips Financial Management LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at about $26,000. High Note Wealth LLC bought a new position in Schwab Fundamental U.S. Small Company ETF during the fourth quarter worth about $34,000. Triumph Capital Management acquired a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter worth approximately $38,000. Flagship Harbor Advisors LLC bought a new stake in Schwab Fundamental U.S. Small Company ETF in the fourth quarter valued at approximately $45,000. Finally, MidAtlantic Capital Management Inc. bought a new stake in Schwab Fundamental U.S. Small Company ETF in the fourth quarter valued at approximately $50,000.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.0%

FNDA stock opened at $36.12 on Tuesday. Schwab Fundamental U.S. Small Company ETF has a 1-year low of $27.24 and a 1-year high of $36.51. The business’s 50 day simple moving average is $34.59 and its 200 day simple moving average is $33.42. The firm has a market capitalization of $10.36 billion, a PE ratio of 17.12 and a beta of 1.05.

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.