Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lessened its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 66.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,904 shares of the exchange traded fund’s stock after selling 17,590 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $255,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in FNDA. Smartleaf Asset Management LLC lifted its position in shares of Schwab Fundamental U.S. Small Company ETF by 4,979.2% during the first quarter. Smartleaf Asset Management LLC now owns 1,219 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 1,195 shares in the last quarter. Hoey Investments Inc. purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter worth approximately $43,000. Pflug Koory LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter worth approximately $49,000. Godsey & Gibb Inc. purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter worth approximately $55,000. Finally, Continuum Advisory LLC increased its stake in shares of Schwab Fundamental U.S. Small Company ETF by 190.5% during the first quarter. Continuum Advisory LLC now owns 2,641 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 1,732 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Performance

FNDA stock opened at $31.11 on Wednesday. The company’s 50 day moving average price is $31.04 and its 200 day moving average price is $28.99. Schwab Fundamental U.S. Small Company ETF has a fifty-two week low of $23.49 and a fifty-two week high of $32.71. The firm has a market capitalization of $8.86 billion, a price-to-earnings ratio of 17.12 and a beta of 1.19.

About Schwab Fundamental U.S. Small Company 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.