Focus Partners Advisor Solutions LLC Decreases Stake in Schwab Fundamental U.S. Small Company ETF $FNDA

Focus Partners Advisor Solutions LLC reduced its holdings in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 49.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,931 shares of the exchange traded fund’s stock after selling 191,279 shares during the period. Focus Partners Advisor Solutions LLC owned approximately 0.07% of Schwab Fundamental U.S. Small Company ETF worth $6,268,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of FNDA. Wellington Management Group LLP purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the third quarter worth about $15,153,000. Marble Wealth LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the fourth quarter worth about $6,007,000. Prairiewood Capital LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 8.7% in the fourth quarter. Prairiewood Capital LLC now owns 1,989,955 shares of the exchange traded fund’s stock worth $62,703,000 after buying an additional 158,837 shares in the last quarter. Shore Point Advisors LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 31.8% in the fourth quarter. Shore Point Advisors LLC now owns 599,669 shares of the exchange traded fund’s stock worth $18,896,000 after buying an additional 144,534 shares in the last quarter. Finally, Waddell & Associates LLC lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 3.5% in the third quarter. Waddell & Associates LLC now owns 2,782,250 shares of the exchange traded fund’s stock worth $86,695,000 after buying an additional 92,817 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.6%

NYSEARCA:FNDA opened at $35.98 on Tuesday. The company’s 50-day moving average price is $34.97 and its 200-day moving average price is $33.63. The company has a market cap of $10.32 billion, a P/E ratio of 17.12 and a beta of 1.03. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $27.68 and a twelve month high of $36.53.

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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.