Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Shares Sold by Accredited Investors Inc.

Accredited Investors Inc. cut its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 1.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 280,829 shares of the exchange traded fund’s stock after selling 2,858 shares during the period. Schwab Fundamental U.S. Small Company Index ETF accounts for approximately 1.0% of Accredited Investors Inc.’s holdings, making the stock its 23rd biggest holding. Accredited Investors Inc. owned approximately 0.19% of Schwab Fundamental U.S. Small Company Index ETF worth $15,423,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in FNDA. SageView Advisory Group LLC lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 7,131.4% during the first quarter. SageView Advisory Group LLC now owns 2,953,940 shares of the exchange traded fund’s stock valued at $168,463,000 after buying an additional 2,913,091 shares in the last quarter. Charles Schwab Investment Advisory Inc. lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 2.6% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 95,952,017 shares of the exchange traded fund’s stock valued at $5,472,144,000 after acquiring an additional 2,407,192 shares in the last quarter. Steele Capital Management Inc. purchased a new stake in Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter worth $50,338,000. Trilogy Capital Inc. acquired a new stake in Schwab Fundamental U.S. Small Company Index ETF in the 1st quarter valued at $34,278,000. Finally, Solitude Financial Services raised its position in Schwab Fundamental U.S. Small Company Index ETF by 1,679.1% in the first quarter. Solitude Financial Services now owns 513,429 shares of the exchange traded fund’s stock valued at $29,281,000 after purchasing an additional 484,570 shares during the period.

Schwab Fundamental U.S. Small Company Index ETF Stock Performance

Shares of FNDA stock traded up $0.51 during trading hours on Monday, reaching $57.71. The company had a trading volume of 286,787 shares, compared to its average volume of 316,043. The company has a market capitalization of $8.48 billion, a P/E ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a twelve month low of $44.85 and a twelve month high of $61.00. The stock’s fifty day simple moving average is $56.16 and its 200 day simple moving average is $55.51.

About Schwab Fundamental U.S. Small Company Index 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.