Opes Wealth Management LLC Reduces Stock Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Opes Wealth Management LLC decreased its position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 112,717 shares of the exchange traded fund’s stock after selling 2,109 shares during the period. Schwab Fundamental U.S. Small Company Index ETF comprises approximately 1.5% of Opes Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. Opes Wealth Management LLC owned 0.09% of Schwab Fundamental U.S. Small Company Index ETF worth $6,239,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Cambridge Advisors Inc. raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 0.8% during the 4th quarter. Cambridge Advisors Inc. now owns 25,033 shares of the exchange traded fund’s stock valued at $1,386,000 after acquiring an additional 190 shares during the period. Jackson Creek Investment Advisors LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 1.8% during the 3rd quarter. Jackson Creek Investment Advisors LLC now owns 12,231 shares of the exchange traded fund’s stock valued at $593,000 after acquiring an additional 213 shares during the period. MML Investors Services LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 3.6% during the 2nd quarter. MML Investors Services LLC now owns 7,033 shares of the exchange traded fund’s stock valued at $355,000 after acquiring an additional 243 shares during the period. Studio Investment Management LLC raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 7.2% during the 4th quarter. Studio Investment Management LLC now owns 3,701 shares of the exchange traded fund’s stock valued at $173,000 after acquiring an additional 249 shares during the period. Finally, PFG Advisors raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 4.1% during the 4th quarter. PFG Advisors now owns 6,493 shares of the exchange traded fund’s stock valued at $359,000 after acquiring an additional 254 shares during the period.

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

FNDA stock traded up $0.14 during midday trading on Thursday, reaching $52.96. 344,136 shares of the company’s stock traded hands, compared to its average volume of 345,889. The company has a 50-day moving average price of $55.14 and a two-hundred day moving average price of $52.39. Schwab Fundamental U.S. Small Company Index ETF has a 52 week low of $44.85 and a 52 week high of $57.30. The firm has a market capitalization of $6.93 billion, a PE ratio of 13.99 and a beta of 1.19.

Schwab Fundamental U.S. Small Company Index 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.