Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by Accredited Investors Inc.

Accredited Investors Inc. lessened its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 4.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 283,533 shares of the exchange traded fund’s stock after selling 14,261 shares during the quarter. Accredited Investors Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $9,195,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Waddell & Associates LLC boosted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 1.5% in the fourth quarter. Waddell & Associates LLC now owns 2,823,762 shares of the exchange traded fund’s stock valued at $88,977,000 after acquiring an additional 41,512 shares in the last quarter. Prairiewood Capital LLC boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 3.2% in the 1st quarter. Prairiewood Capital LLC now owns 2,053,795 shares of the exchange traded fund’s stock valued at $66,605,000 after purchasing an additional 63,840 shares in the last quarter. Steele Capital Management Inc. boosted its holdings in Schwab Fundamental U.S. Small Company ETF by 4.2% in the 4th quarter. Steele Capital Management Inc. now owns 2,047,126 shares of the exchange traded fund’s stock valued at $64,505,000 after purchasing an additional 81,671 shares in the last quarter. UBS Group AG increased its position in Schwab Fundamental U.S. Small Company ETF by 5.7% during the 4th quarter. UBS Group AG now owns 1,428,932 shares of the exchange traded fund’s stock worth $45,026,000 after purchasing an additional 76,901 shares during the period. Finally, Riverpoint Wealth Management Holdings LLC increased its position in Schwab Fundamental U.S. Small Company ETF by 2.0% during the 4th quarter. Riverpoint Wealth Management Holdings LLC now owns 1,142,826 shares of the exchange traded fund’s stock worth $36,010,000 after purchasing an additional 22,347 shares during the period.

Schwab Fundamental U.S. Small Company ETF Trading Up 1.3%

Shares of FNDA stock opened at $37.36 on Friday. The company has a market cap of $9.16 billion, a price-to-earnings ratio of 17.12 and a beta of 1.02. The stock has a 50 day simple moving average of $36.40 and a 200-day simple moving average of $34.55. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $28.43 and a 12-month high of $38.29.

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.