Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC cut its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 14.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 179,124 shares of the exchange traded fund’s stock after selling 29,826 shares during the period. Cresset Asset Management LLC owned 0.06% of Schwab Fundamental U.S. Small Company ETF worth $5,582,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth about $28,000. Atlantic Union Bankshares Corp purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 2nd quarter worth about $35,000. PFS Partners LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF during the 3rd quarter worth about $39,000. Pin Oak Investment Advisors Inc. acquired a new stake in Schwab Fundamental U.S. Small Company ETF during the 2nd quarter worth approximately $43,000. Finally, Blue Trust Inc. purchased a new position in Schwab Fundamental U.S. Small Company ETF in the third quarter valued at approximately $49,000.

Schwab Fundamental U.S. Small Company ETF Stock Down 2.5%

Shares of FNDA stock opened at $32.94 on Friday. The stock has a market cap of $9.41 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10. 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’s 50 day moving average price is $33.74 and its two-hundred day moving average price is $32.07.

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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.