Raymond James & Associates Sells 4,234 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Raymond James & Associates trimmed its stake in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 38.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,666 shares of the exchange traded fund’s stock after selling 4,234 shares during the period. Raymond James & Associates’ holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $369,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the business. Jackson Creek Investment Advisors LLC increased its position in Schwab Fundamental U.S. Small Company Index ETF by 1.8% in the 3rd quarter. Jackson Creek Investment Advisors LLC now owns 12,231 shares of the exchange traded fund’s stock worth $593,000 after buying an additional 213 shares during the period. Red Tortoise LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 9.8% during the 3rd quarter. Red Tortoise LLC now owns 3,893 shares of the exchange traded fund’s stock worth $189,000 after purchasing an additional 346 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 0.5% during the 3rd quarter. Private Advisor Group LLC now owns 96,660 shares of the exchange traded fund’s stock worth $4,687,000 after purchasing an additional 472 shares in the last quarter. Dynamic Advisor Solutions LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 8.8% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 6,226 shares of the exchange traded fund’s stock worth $332,000 after purchasing an additional 504 shares in the last quarter. Finally, MCF Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 23.7% during the 3rd quarter. MCF Advisors LLC now owns 2,723 shares of the exchange traded fund’s stock worth $132,000 after purchasing an additional 522 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Trading Up 0.5 %

Shares of NYSEARCA:FNDA opened at $54.45 on Friday. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $44.85 and a 1-year high of $57.30. The firm has a market capitalization of $7.98 billion, a PE ratio of 14.31 and a beta of 1.19. The business’s 50 day moving average is $55.09 and its 200-day moving average is $52.67.

About Schwab Fundamental U.S. Small Company Index 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.