HORAN Wealth LLC cut its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA – Free Report) by 49.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 289,037 shares of the exchange traded fund’s stock after selling 288,045 shares during the quarter. Schwab Fundamental U.S. Small Company ETF comprises 1.4% of HORAN Wealth LLC’s investment portfolio, making the stock its 16th largest holding. HORAN Wealth LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $11,001,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Washington Trust Advisors Inc. boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 1.9% in the 2nd quarter. Washington Trust Advisors Inc. now owns 25,380 shares of the exchange traded fund’s stock valued at $966,000 after purchasing an additional 477 shares during the period. Asset Allocation Strategies LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 1.0% during the second quarter. Asset Allocation Strategies LLC now owns 87,059 shares of the exchange traded fund’s stock valued at $3,313,000 after buying an additional 824 shares during the last quarter. Compass Financial Management LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter valued at about $33,000. Highland Investment Advisors LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter valued at about $27,000. Finally, Strive Financial Group LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the second quarter valued at about $58,000.
Schwab Fundamental U.S. Small Company ETF Price Performance
Shares of FNDA opened at $37.20 on Monday. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $29.31 and a 12-month high of $38.59. The firm has a market capitalization of $9.13 billion, a price-to-earnings ratio of 17.12 and a beta of 1.03. The stock’s 50-day moving average price is $37.60 and its 200 day moving average price is $35.78.
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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.
See Also
- Five stocks we like better than Schwab Fundamental U.S. Small Company ETF
- AI Token Costs Are Changing the Hardware vs. Software Debate
- 3 ETFs That Could Move as Rate Expectations Shift
- 3 Stocks With September Catalysts Investors Shouldn’t Ignore
- Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains
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.
