Envestnet Asset Management Inc. Sells 4,163 Shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA)

Envestnet Asset Management Inc. trimmed its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 7.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,615 shares of the exchange traded fund’s stock after selling 4,163 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $1,469,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Waddell & Associates LLC grew its holdings in Schwab Fundamental U.S. Small Company ETF by 102.3% during the 4th quarter. Waddell & Associates LLC now owns 2,596,060 shares of the exchange traded fund’s stock valued at $77,103,000 after purchasing an additional 1,312,970 shares during the last quarter. Steele Capital Management Inc. grew its stake in shares of Schwab Fundamental U.S. Small Company ETF by 1.1% during the first quarter. Steele Capital Management Inc. now owns 2,086,321 shares of the exchange traded fund’s stock valued at $57,144,000 after buying an additional 22,641 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 99.5% in the fourth quarter. Ameriprise Financial Inc. now owns 1,739,593 shares of the exchange traded fund’s stock worth $51,910,000 after buying an additional 867,410 shares during the period. Prairiewood Capital LLC raised its holdings in shares of Schwab Fundamental U.S. Small Company ETF by 8.1% in the first quarter. Prairiewood Capital LLC now owns 1,568,178 shares of the exchange traded fund’s stock worth $42,952,000 after buying an additional 117,252 shares during the period. Finally, Moller Wealth Partners lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 11.4% during the 1st quarter. Moller Wealth Partners now owns 1,114,261 shares of the exchange traded fund’s stock worth $30,520,000 after acquiring an additional 113,945 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Down 1.3%

FNDA opened at $29.21 on Friday. The business has a fifty day moving average of $28.78 and a 200 day moving average of $28.29. The stock has a market cap of $8.39 billion, a P/E ratio of 17.12 and a beta of 1.19. Schwab Fundamental U.S. Small Company ETF has a 52-week low of $23.49 and a 52-week high of $32.71.

Schwab Fundamental U.S. Small Company ETF 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.