Envestnet Asset Management Inc. Sells 28,470 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA

Envestnet Asset Management Inc. trimmed its position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 50.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,977 shares of the exchange traded fund’s stock after selling 28,470 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $872,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Horan Securities Inc. increased its position in shares of Schwab Fundamental U.S. Small Company ETF by 2.8% in the second quarter. Horan Securities Inc. now owns 17,257 shares of the exchange traded fund’s stock valued at $494,000 after acquiring an additional 473 shares during the period. HHM Wealth Advisors LLC grew its stake in shares of Schwab Fundamental U.S. Small Company ETF by 0.6% in the second quarter. HHM Wealth Advisors LLC now owns 89,850 shares of the exchange traded fund’s stock worth $2,574,000 after purchasing an additional 500 shares during the last quarter. Boyce & Associates Wealth Consulting Inc. increased its holdings in Schwab Fundamental U.S. Small Company ETF by 4.8% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 14,003 shares of the exchange traded fund’s stock valued at $436,000 after purchasing an additional 643 shares during the period. Geneos Wealth Management Inc. raised its position in Schwab Fundamental U.S. Small Company ETF by 31.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,882 shares of the exchange traded fund’s stock valued at $79,000 after purchasing an additional 692 shares during the last quarter. Finally, Your Advocates Ltd. LLP lifted its holdings in Schwab Fundamental U.S. Small Company ETF by 0.3% in the 3rd quarter. Your Advocates Ltd. LLP now owns 203,614 shares of the exchange traded fund’s stock worth $6,345,000 after buying an additional 694 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Performance

Shares of FNDA stock opened at $34.19 on Wednesday. Schwab Fundamental U.S. Small Company ETF has a fifty-two week low of $23.49 and a fifty-two week high of $35.31. The firm has a market cap of $9.76 billion, a P/E ratio of 17.12 and a beta of 1.10. The business’s 50 day moving average price is $33.65 and its 200-day moving average price is $32.02.

About Schwab Fundamental U.S. Small Company 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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.