Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 11.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 152,447 shares of the exchange traded fund’s stock after selling 18,796 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $4,804,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Phillips Financial Management LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the fourth quarter valued at approximately $26,000. High Note Wealth LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter worth $34,000. Triumph Capital Management purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 3rd quarter worth $38,000. Flagship Harbor Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter worth $45,000. Finally, MidAtlantic Capital Management Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter worth $50,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

NYSEARCA FNDA opened at $35.75 on Monday. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $27.68 and a 52 week high of $36.53. The business’s fifty day simple moving average is $34.90 and its 200-day simple moving average is $33.58. The firm has a market cap of $10.25 billion, a PE ratio of 17.12 and a beta of 1.03.

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.