Kaizen Financial Strategies Increases Stake in Schwab Fundamental U.S. Small Company ETF $FNDA

Kaizen Financial Strategies raised its position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 64.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 95,512 shares of the exchange traded fund’s stock after acquiring an additional 37,342 shares during the quarter. Schwab Fundamental U.S. Small Company ETF makes up 1.4% of Kaizen Financial Strategies’ investment portfolio, 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 quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of FNDA. Breakwater Capital Group grew its stake in shares of Schwab Fundamental U.S. Small Company ETF by 7.7% in the third quarter. Breakwater Capital Group now owns 93,706 shares of the exchange traded fund’s stock worth $3,280,000 after purchasing an additional 6,731 shares during the last quarter. Farther Finance Advisors LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 2.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 84,903 shares of the exchange traded fund’s stock valued at $2,972,000 after purchasing an additional 1,749 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in Schwab Fundamental U.S. Small Company ETF by 53.4% in the 3rd quarter. CoreCap Advisors LLC now owns 15,052 shares of the exchange traded fund’s stock worth $527,000 after buying an additional 5,240 shares during the period. Dickmeyer Boyce Financial Management Inc. lifted its holdings in Schwab Fundamental U.S. Small Company ETF by 6.6% in the 3rd quarter. Dickmeyer Boyce Financial Management Inc. now owns 60,421 shares of the exchange traded fund’s stock worth $2,115,000 after buying an additional 3,723 shares during the period. Finally, Apella Capital LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth approximately $311,000.

Schwab Fundamental U.S. Small Company ETF Stock Up 0.2%

Shares of FNDA traded up $0.06 during mid-day trading on Friday, hitting $35.62. 2,444,738 shares of the company’s stock traded hands, compared to its average volume of 1,108,729. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $29.31 and a 1 year high of $38.59. The firm has a market capitalization of $8.77 billion, a P/E ratio of 17.12 and a beta of 1.05. The business’s 50-day moving average price is $36.81 and its 200-day moving average price is $36.17.

About Schwab Fundamental U.S. Small Company ETF

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.