Focus Partners Advisor Solutions LLC Trims Stock Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Focus Partners Advisor Solutions LLC cut its position in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 49.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 198,931 shares of the exchange traded fund’s stock after selling 191,279 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $6,268,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Sowell Financial Services LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 0.3% during the fourth quarter. Sowell Financial Services LLC now owns 114,859 shares of the exchange traded fund’s stock worth $3,619,000 after purchasing an additional 343 shares during the period. MCF Advisors LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 7.6% during the third quarter. MCF Advisors LLC now owns 5,697 shares of the exchange traded fund’s stock worth $178,000 after purchasing an additional 403 shares during the period. Comerica Bank raised its stake in Schwab Fundamental U.S. Small Company ETF by 1.7% during the fourth quarter. Comerica Bank now owns 25,362 shares of the exchange traded fund’s stock worth $799,000 after purchasing an additional 413 shares during the period. Midwest Trust Co raised its stake in shares of Schwab Fundamental U.S. Small Company ETF by 5.4% in the 3rd quarter. Midwest Trust Co now owns 8,778 shares of the exchange traded fund’s stock valued at $274,000 after acquiring an additional 450 shares during the period. Finally, Wedmont Private Capital raised its stake in shares of Schwab Fundamental U.S. Small Company ETF by 2.9% in the 4th quarter. Wedmont Private Capital now owns 16,519 shares of the exchange traded fund’s stock valued at $539,000 after acquiring an additional 465 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Schwab Fundamental U.S. Small Company ETF stock opened at $35.98 on Tuesday. The company’s 50 day simple moving average is $34.97 and its 200-day simple moving average is $33.63. The company has a market capitalization of $10.32 billion, a price-to-earnings ratio of 17.12 and a beta of 1.03. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $27.68 and a 1 year high of $36.53.

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.