Appleton Partners Inc. MA Reduces Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Appleton Partners Inc. MA reduced its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 8.7% during the 2nd quarter, Holdings Channel reports. The fund owned 11,968 shares of the exchange traded fund’s stock after selling 1,135 shares during the period. Appleton Partners Inc. MA’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $343,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bernard Wealth Management Corp. purchased a new position in Schwab Fundamental U.S. Small Company ETF in the 1st quarter valued at about $33,000. Smartleaf Asset Management LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 4,979.2% in the first quarter. Smartleaf Asset Management LLC now owns 1,219 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 1,195 shares during the last quarter. Hoey Investments Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter valued at approximately $43,000. Pflug Koory LLC acquired a new stake in Schwab Fundamental U.S. Small Company ETF during the second quarter worth approximately $49,000. Finally, Salem Investment Counselors Inc. lifted its stake in shares of Schwab Fundamental U.S. Small Company ETF by 250.9% during the 1st quarter. Salem Investment Counselors Inc. now owns 2,218 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 1,586 shares during the period.

Schwab Fundamental U.S. Small Company ETF Stock Down 0.2%

FNDA stock opened at $31.36 on Tuesday. The stock has a market capitalization of $8.96 billion, a price-to-earnings ratio of 17.12 and a beta of 1.19. Schwab Fundamental U.S. Small Company ETF has a 52-week low of $23.49 and a 52-week high of $32.71. The stock’s fifty day simple moving average is $30.74 and its 200-day simple moving average is $28.74.

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.