AE Wealth Management LLC Cuts Stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA)

AE Wealth Management LLC reduced its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 15.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,266 shares of the exchange traded fund’s stock after selling 782 shares during the quarter. AE Wealth Management LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Waddell & Associates LLC grew its stake in shares of 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 acquiring an additional 1,312,970 shares during the period. Steele Capital Management Inc. boosted its position in shares of Schwab Fundamental U.S. Small Company ETF by 1.1% in the first quarter. Steele Capital Management Inc. now owns 2,086,321 shares of the exchange traded fund’s stock worth $57,144,000 after purchasing an additional 22,641 shares during the period. Ameriprise Financial Inc. boosted its position 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 purchasing an additional 867,410 shares during the period. Prairiewood Capital LLC increased its stake 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 purchasing an additional 117,252 shares in the last quarter. Finally, Moller Wealth Partners raised its position 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 valued at $30,520,000 after purchasing an additional 113,945 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Performance

FNDA opened at $28.75 on Friday. The stock has a market cap of $8.26 billion, a price-to-earnings ratio of 17.12 and a beta of 1.19. The firm’s fifty day moving average is $28.81 and its 200 day moving average is $28.29. Schwab Fundamental U.S. Small Company ETF has a fifty-two week low of $23.49 and a fifty-two week high of $32.71.

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.