Horan Securities Inc. Increases Stock Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Horan Securities Inc. lifted its position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 100.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,116 shares of the exchange traded fund’s stock after purchasing an additional 10,561 shares during the quarter. Horan Securities Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $627,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Capasso Planning Partners LLC boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 10.6% during the third quarter. Capasso Planning Partners LLC now owns 5,428 shares of the exchange traded fund’s stock worth $323,000 after buying an additional 521 shares during the period. American Capital Advisory LLC boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 101.1% during the fourth quarter. American Capital Advisory LLC now owns 879 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 442 shares during the period. Brookstone Capital Management boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 45.9% during the fourth quarter. Brookstone Capital Management now owns 11,282 shares of the exchange traded fund’s stock worth $335,000 after buying an additional 3,547 shares during the period. Bleakley Financial Group LLC boosted its stake in Schwab Fundamental U.S. Small Company Index ETF by 100.0% during the fourth quarter. Bleakley Financial Group LLC now owns 7,048 shares of the exchange traded fund’s stock worth $209,000 after buying an additional 3,524 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in Schwab Fundamental U.S. Small Company Index ETF during the third quarter worth about $1,122,000.

Schwab Fundamental U.S. Small Company Index ETF Price Performance

Shares of FNDA stock opened at $28.12 on Friday. The firm has a market cap of $8.77 billion, a PE ratio of 17.80 and a beta of 1.22. The company has a 50-day moving average of $29.84 and a two-hundred day moving average of $30.03. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $26.38 and a 1-year high of $32.71.

About Schwab Fundamental U.S. Small Company Index 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.