ProVise Management Group LLC Sells 10,419 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

ProVise Management Group LLC decreased its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 21.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,262 shares of the exchange traded fund’s stock after selling 10,419 shares during the period. ProVise Management Group LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $2,101,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Dorsey & Whitney Trust CO LLC lifted its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 20.3% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 13,731 shares of the exchange traded fund’s stock worth $760,000 after buying an additional 2,320 shares during the period. Waddell & Associates LLC boosted its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 0.4% in the 4th quarter. Waddell & Associates LLC now owns 1,250,165 shares of the exchange traded fund’s stock valued at $69,202,000 after purchasing an additional 4,791 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the 1st quarter valued at $1,152,000. Beacon Pointe Advisors LLC grew its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 67.3% in the 4th quarter. Beacon Pointe Advisors LLC now owns 11,082 shares of the exchange traded fund’s stock worth $613,000 after purchasing an additional 4,458 shares during the last quarter. Finally, Corient Private Wealth LLC increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 5.5% during the 4th quarter. Corient Private Wealth LLC now owns 19,838 shares of the exchange traded fund’s stock worth $1,098,000 after purchasing an additional 1,040 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Up 1.8 %

NYSEARCA:FNDA opened at $60.01 on Friday. The firm has a market cap of $8.82 billion, a PE ratio of 14.98 and a beta of 1.18. Schwab Fundamental U.S. Small Company Index ETF has a 12 month low of $44.85 and a 12 month high of $61.00. The company’s 50-day moving average price is $57.68 and its two-hundred day moving average price is $56.09.

Schwab Fundamental U.S. Small Company Index 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.