Johnson Bixby & Associates LLC trimmed its position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA – Free Report) by 11.0% in the fourth quarter, HoldingsChannel reports. The firm owned 214,633 shares of the exchange traded fund’s stock after selling 26,620 shares during the quarter. Schwab Fundamental U.S. Small Company ETF accounts for about 0.8% of Johnson Bixby & Associates LLC’s holdings, making the stock its 24th largest holding. Johnson Bixby & Associates LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $6,763,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company ETF during the 3rd quarter worth approximately $28,000. Triumph Capital Management bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the third quarter valued at approximately $38,000. PFS Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the third quarter valued at approximately $39,000. Blue Trust Inc. purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the third quarter valued at approximately $49,000. Finally, Caitlin John LLC bought a new stake in Schwab Fundamental U.S. Small Company ETF during the third quarter worth $56,000.
Schwab Fundamental U.S. Small Company ETF Stock Performance
FNDA stock opened at $31.85 on Monday. The stock’s fifty day simple moving average is $33.64 and its two-hundred day simple moving average is $32.23. Schwab Fundamental U.S. Small Company ETF has a 1-year low of $23.49 and a 1-year high of $35.31. The stock has a market cap of $9.09 billion, a P/E ratio of 17.12 and a beta of 1.10.
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.
Recommended Stories
Want to see what other hedge funds are holding FNDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA – Free Report).
Receive News & Ratings for Schwab Fundamental U.S. Small Company ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental U.S. Small Company ETF and related companies with MarketBeat.com's FREE daily email newsletter.
