Your Advocates Ltd. Increases Stake in Schwab Fundamental ETF by 4.1%

Your Advocates Ltd. LLP has increased its holdings in the Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 4.1% during the second quarter of 2023. According to its latest Form 13F filing with the Securities and Exchange Commission (SEC), the institutional investor now owns 202,920 shares of the ETF after acquiring an additional 8,049 shares during this period. This investment represents approximately 2.1% of Your Advocates Ltd. LLP’s overall portfolio, making it the firm’s 12th largest position with a total value of $5,814,000.

Other Institutional Investments in FNDA

Several other institutional investors have also adjusted their positions in the Schwab Fundamental U.S. Small Company ETF. For instance, Charles Schwab Investment Management Inc. increased its stake by 0.6% in the first quarter, bringing its total holdings to 200,289,288 shares, valued at approximately $5.49 billion after acquiring an additional 1,100,604 shares.

Waddell & Associates LLC raised its stake by 1.6% during the same period, now owning 2,636,391 shares worth around $72.21 million after purchasing an additional 40,331 shares. Prairiewood Capital LLC made a more significant move, boosting its holdings by 12.0% in the second quarter, acquiring an additional 187,569 shares to hold a total of 1,755,747 shares valued at $50.30 million.

Additionally, Moller Wealth Partners increased its stake by 15.2%, now owning 1,283,119 shares worth $36.76 million after acquiring 168,858 shares in the last quarter. Lastly, Ironwood Investment Counsel LLC raised its stake by 26.3%, bringing its total to 1,245,013 shares valued at $34.10 million, following the purchase of 259,556 shares.

Current Performance of FNDA

As of the latest trading session, shares of the Schwab Fundamental U.S. Small Company ETF opened at $30.46. The ETF has experienced fluctuations, with a twelve-month low of $23.49 and a high of $32.71. The fund has a market capitalization of $8.68 billion and a price-to-earnings (PE) ratio of 17.12. Its beta is noted at 1.10, indicating a higher volatility compared to the market.

The Schwab Fundamental U.S. Small Company ETF tracks the Russell RAFI Small Company US index. This index is fundamentally selected and weighted based on adjusted sales, retained operating cash flow, and dividends plus buybacks, positioning it as a significant player in the small-cap investment sector.

For those interested in following further developments related to the Schwab Fundamental U.S. Small Company ETF, additional information can be accessed through financial news platforms and dedicated investment resources.