Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC cut its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 4.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 940,337 shares of the exchange traded fund’s stock after selling 47,996 shares during the period. Schwab Fundamental U.S. Small Company ETF accounts for approximately 4.4% of Ironwood Investment Counsel LLC’s investment portfolio, making the stock its 2nd biggest holding. Ironwood Investment Counsel LLC owned about 0.33% of Schwab Fundamental U.S. Small Company ETF worth $30,495,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sowell Financial Services LLC grew its stake in Schwab Fundamental U.S. Small Company ETF by 0.3% during the 4th quarter. Sowell Financial Services LLC now owns 114,859 shares of the exchange traded fund’s stock worth $3,619,000 after buying an additional 343 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of Schwab Fundamental U.S. Small Company ETF by 3.5% in the 4th quarter. Kestra Advisory Services LLC now owns 10,618 shares of the exchange traded fund’s stock valued at $335,000 after acquiring an additional 362 shares during the period. Russell Investments Group Ltd. raised its stake in Schwab Fundamental U.S. Small Company ETF by 94.3% in the 4th quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 410 shares during the last quarter. Comerica Bank raised its stake in Schwab Fundamental U.S. Small Company ETF by 1.7% in the 4th quarter. Comerica Bank now owns 25,362 shares of the exchange traded fund’s stock worth $799,000 after acquiring an additional 413 shares during the last quarter. Finally, Sand Hill Global Advisors LLC lifted its position in Schwab Fundamental U.S. Small Company ETF by 6.0% during the 4th quarter. Sand Hill Global Advisors LLC now owns 8,010 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 451 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Schwab Fundamental U.S. Small Company ETF stock opened at $37.65 on Monday. The business’s 50-day simple moving average is $36.62 and its two-hundred day simple moving average is $34.78. The company has a market cap of $9.24 billion, a PE ratio of 17.12 and a beta of 1.02. Schwab Fundamental U.S. Small Company ETF has a fifty-two week low of $28.43 and a fifty-two week high of $38.29.

Schwab Fundamental U.S. Small Company ETF Company 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.