Accredited Investors Inc. Decreases Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Accredited Investors Inc. cut its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 30.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 297,794 shares of the exchange traded fund’s stock after selling 129,411 shares during the quarter. Accredited Investors Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $9,383,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Phillips Financial Management LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at about $26,000. Cullen Frost Bankers Inc. purchased a new position in Schwab Fundamental U.S. Small Company ETF in the 3rd quarter valued at about $28,000. Triumph Capital Management purchased a new position in Schwab Fundamental U.S. Small Company ETF in the 3rd quarter valued at about $38,000. Flagship Harbor Advisors LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF in the 4th quarter valued at about $45,000. Finally, Caitlin John LLC purchased a new position in Schwab Fundamental U.S. Small Company ETF in the 3rd quarter valued at about $56,000.

Schwab Fundamental U.S. Small Company ETF Trading Down 1.6%

Shares of Schwab Fundamental U.S. Small Company ETF stock opened at $34.89 on Friday. The firm has a market capitalization of $10.01 billion, a PE ratio of 17.12 and a beta of 1.05. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $26.96 and a twelve month high of $36.32. The firm’s 50-day moving average price is $33.91 and its 200 day moving average price is $33.03.

Schwab Fundamental U.S. Small Company ETF Company 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.