Pasadena Private Wealth LLC Sells 21,660 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA

Pasadena Private Wealth LLC reduced its holdings in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 9.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 211,419 shares of the exchange traded fund’s stock after selling 21,660 shares during the period. Schwab Fundamental U.S. Small Company ETF makes up 0.9% of Pasadena Private Wealth LLC’s portfolio, making the stock its 21st largest holding. Pasadena Private Wealth LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $6,856,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Sowell Financial Services LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 0.3% during the 4th quarter. Sowell Financial Services LLC now owns 114,859 shares of the exchange traded fund’s stock valued at $3,619,000 after buying an additional 343 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 3.5% in the 4th quarter. Kestra Advisory Services LLC now owns 10,618 shares of the exchange traded fund’s stock valued at $335,000 after acquiring an additional 362 shares during the last quarter. Russell Investments Group Ltd. grew its position in Schwab Fundamental U.S. Small Company ETF by 94.3% in the fourth quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 410 shares in the last quarter. Comerica Bank grew its position in Schwab Fundamental U.S. Small Company ETF by 1.7% in the fourth quarter. Comerica Bank now owns 25,362 shares of the exchange traded fund’s stock worth $799,000 after acquiring an additional 413 shares in the last quarter. Finally, Sand Hill Global Advisors LLC increased its stake in Schwab Fundamental U.S. Small Company ETF by 6.0% during the fourth quarter. Sand Hill Global Advisors LLC now owns 8,010 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 451 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of NYSEARCA FNDA opened at $37.74 on Monday. Schwab Fundamental U.S. Small Company ETF has a 1-year low of $28.43 and a 1-year high of $37.79. The business’s 50 day moving average is $36.00 and its two-hundred day moving average is $34.20. The stock has a market capitalization of $10.82 billion, a P/E ratio of 17.12 and a beta of 1.03.

Schwab Fundamental U.S. Small Company ETF 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.