Bell Investment Advisors Inc Sells 187,926 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA

Bell Investment Advisors Inc lowered its holdings in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 29.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 447,402 shares of the exchange traded fund’s stock after selling 187,926 shares during the period. Schwab Fundamental U.S. Small Company ETF makes up 2.3% of Bell Investment Advisors Inc’s investment portfolio, making the stock its 11th largest position. Bell Investment Advisors Inc’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $14,509,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Brighton Jones LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 97.5% in the fourth quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock valued at $379,000 after purchasing an additional 6,299 shares in the last quarter. Revolve Wealth Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 4th quarter valued at $256,000. Royal Bank of Canada lifted its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 58.3% during the 1st quarter. Royal Bank of Canada now owns 104,110 shares of the exchange traded fund’s stock worth $2,852,000 after acquiring an additional 38,354 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 1st quarter worth $711,000. Finally, Goldman Sachs Group Inc. purchased a new position in Schwab Fundamental U.S. Small Company ETF in the first quarter worth $274,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of NYSEARCA:FNDA opened at $36.98 on Tuesday. The firm has a market capitalization of $10.61 billion, a PE ratio of 17.12 and a beta of 1.03. Schwab Fundamental U.S. Small Company ETF has a 52-week low of $27.68 and a 52-week high of $37.76. The firm has a fifty day moving average of $35.77 and a 200 day moving average of $34.04.

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.