Schwab Fundamental U.S. Small Company ETF $FNDA Position Cut by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC cut its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 4.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 988,333 shares of the exchange traded fund’s stock after selling 46,474 shares during the period. Schwab Fundamental U.S. Small Company ETF accounts for about 4.3% of Ironwood Investment Counsel LLC’s portfolio, making the stock its 3rd biggest position. Ironwood Investment Counsel LLC owned about 0.35% of Schwab Fundamental U.S. Small Company ETF worth $31,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in FNDA. Brighton Jones LLC lifted its stake in Schwab Fundamental U.S. Small Company ETF by 97.5% in the fourth quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock worth $379,000 after purchasing an additional 6,299 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in Schwab Fundamental U.S. Small Company ETF in the fourth quarter worth about $256,000. Royal Bank of Canada lifted its stake in Schwab Fundamental U.S. Small Company ETF by 58.3% in the first quarter. Royal Bank of Canada now owns 104,110 shares of the exchange traded fund’s stock worth $2,852,000 after purchasing an additional 38,354 shares during the last quarter. AQR Capital Management LLC bought a new stake in Schwab Fundamental U.S. Small Company ETF in the first quarter worth about $711,000. Finally, Goldman Sachs Group Inc. bought a new stake in Schwab Fundamental U.S. Small Company ETF in the first quarter worth about $274,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of NYSEARCA FNDA opened at $34.89 on Monday. The company has a market cap of $10.01 billion, a P/E ratio of 17.12 and a beta of 1.05. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $26.96 and a 1 year high of $36.32. The firm has a 50-day simple moving average of $33.91 and a two-hundred day simple moving average of $33.04.

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.