Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Shares Sold by US Bancorp DE

US Bancorp DE lessened its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 36.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,000 shares of the exchange traded fund’s stock after selling 3,459 shares during the quarter. US Bancorp DE’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $164,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Dynamic Advisor Solutions LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 1st quarter valued at about $424,000. Johnson Investment Counsel Inc. boosted its position in Schwab Fundamental U.S. Small Company ETF by 29.8% during the first quarter. Johnson Investment Counsel Inc. now owns 15,344 shares of the exchange traded fund’s stock worth $420,000 after purchasing an additional 3,520 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Schwab Fundamental U.S. Small Company ETF by 3.6% in the first quarter. Janney Montgomery Scott LLC now owns 31,784 shares of the exchange traded fund’s stock valued at $871,000 after purchasing an additional 1,114 shares during the period. Bank of Montreal Can grew its holdings in Schwab Fundamental U.S. Small Company ETF by 107.9% in the fourth quarter. Bank of Montreal Can now owns 15,042 shares of the exchange traded fund’s stock valued at $447,000 after purchasing an additional 7,806 shares during the period. Finally, QRG Capital Management Inc. purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the first quarter valued at approximately $232,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

Shares of FNDA stock opened at $30.18 on Friday. Schwab Fundamental U.S. Small Company ETF has a 1-year low of $23.49 and a 1-year high of $32.71. The company has a market cap of $8.67 billion, a price-to-earnings ratio of 17.12 and a beta of 1.19. The stock has a 50 day simple moving average of $29.20 and a 200-day simple moving average of $28.21.

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.