Opes Wealth Management LLC Sells 2,109 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Opes Wealth Management LLC cut its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 112,717 shares of the exchange traded fund’s stock after selling 2,109 shares during the period. Schwab Fundamental U.S. Small Company Index ETF accounts for 1.5% of Opes Wealth Management LLC’s holdings, making the stock its 23rd biggest holding. Opes Wealth Management LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $6,239,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Charles Schwab Investment Advisory Inc. boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 2.2% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 92,295,729 shares of the exchange traded fund’s stock valued at $4,475,420,000 after purchasing an additional 1,971,133 shares in the last quarter. Waddell & Associates LLC lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 1.1% during the third quarter. Waddell & Associates LLC now owns 1,245,374 shares of the exchange traded fund’s stock valued at $60,388,000 after acquiring an additional 13,791 shares during the last quarter. Clarius Group LLC lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 1.7% during the fourth quarter. Clarius Group LLC now owns 1,117,041 shares of the exchange traded fund’s stock valued at $61,828,000 after acquiring an additional 18,416 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 55.9% during the third quarter. Ameriprise Financial Inc. now owns 853,747 shares of the exchange traded fund’s stock valued at $41,389,000 after acquiring an additional 306,204 shares during the last quarter. Finally, Morgan Stanley lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 3.9% during the third quarter. Morgan Stanley now owns 780,967 shares of the exchange traded fund’s stock valued at $37,869,000 after acquiring an additional 29,408 shares during the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Performance

NYSEARCA:FNDA traded up $0.14 during midday trading on Thursday, reaching $52.96. 344,136 shares of the stock traded hands, compared to its average volume of 345,889. Schwab Fundamental U.S. Small Company Index ETF has a 12-month low of $44.85 and a 12-month high of $57.30. The business has a 50-day moving average of $55.14 and a two-hundred day moving average of $52.39. The stock has a market capitalization of $6.93 billion, a PE ratio of 13.99 and a beta of 1.19.

Schwab Fundamental U.S. Small Company Index 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.