Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by Red Mountain Financial LLC

Red Mountain Financial LLC lowered its holdings in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 50.9% during the second quarter, Holdings Channel.com reports. The firm owned 16,812 shares of the exchange traded fund’s stock after selling 17,396 shares during the period. Red Mountain Financial LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $482,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF in the first quarter valued at $424,000. Johnson Investment Counsel Inc. raised its position in Schwab Fundamental U.S. Small Company ETF by 29.8% in the first quarter. Johnson Investment Counsel Inc. now owns 15,344 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 3,520 shares during the period. Janney Montgomery Scott LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 3.6% in the first quarter. Janney Montgomery Scott LLC now owns 31,784 shares of the exchange traded fund’s stock valued at $871,000 after purchasing an additional 1,114 shares during the period. Parallel Advisors LLC raised its position in Schwab Fundamental U.S. Small Company ETF by 8.4% in the second quarter. Parallel Advisors LLC now owns 13,962 shares of the exchange traded fund’s stock valued at $400,000 after purchasing an additional 1,077 shares during the period. Finally, Atria Wealth Solutions Inc. raised its position in Schwab Fundamental U.S. Small Company ETF by 13.5% in the first quarter. Atria Wealth Solutions Inc. now owns 76,619 shares of the exchange traded fund’s stock valued at $2,099,000 after purchasing an additional 9,103 shares during the period.

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

NYSEARCA:FNDA opened at $31.27 on Friday. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $23.49 and a 52 week high of $32.71. The company has a market capitalization of $8.93 billion, a P/E ratio of 17.12 and a beta of 1.19. The stock’s fifty day moving average is $30.69 and its two-hundred day moving average is $28.67.

Schwab Fundamental U.S. Small Company ETF Company 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.