Lakewood Asset Management LLC Sells 1,097 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA

Lakewood Asset Management LLC reduced its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 1.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 59,567 shares of the exchange traded fund’s stock after selling 1,097 shares during the quarter. Lakewood Asset Management LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $1,707,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Bernard Wealth Management Corp. bought a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 1st quarter worth $33,000. Smartleaf Asset Management LLC lifted its position in shares of Schwab Fundamental U.S. Small Company ETF by 4,979.2% during the 1st quarter. Smartleaf Asset Management LLC now owns 1,219 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 1,195 shares during the last quarter. Hoey Investments Inc. bought a new position in Schwab Fundamental U.S. Small Company ETF in the second quarter valued at about $43,000. ST Germain D J Co. Inc. bought a new position in Schwab Fundamental U.S. Small Company ETF in the first quarter valued at about $55,000. Finally, Salem Investment Counselors Inc. raised its position in Schwab Fundamental U.S. Small Company ETF by 250.9% in the first quarter. Salem Investment Counselors Inc. now owns 2,218 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 1,586 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Trading Up 1.0%

Schwab Fundamental U.S. Small Company ETF stock opened at $31.23 on Friday. The company has a market capitalization of $8.98 billion, a PE ratio of 17.12 and a beta of 1.19. Schwab Fundamental U.S. Small Company ETF has a 12 month low of $23.49 and a 12 month high of $32.71. The stock has a 50-day moving average price of $30.58 and a two-hundred day moving average price of $28.58.

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.