Stifel Financial Corp Lowers Holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Stifel Financial Corp reduced its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 84.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,029 shares of the exchange traded fund’s stock after selling 72,226 shares during the period. Stifel Financial Corp’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $776,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Charles Schwab Investment Management Inc. lifted its position in Schwab Fundamental U.S. Small Company Index ETF by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 98,755,404 shares of the exchange traded fund’s stock valued at $5,882,859,000 after buying an additional 1,108,150 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the 2nd quarter valued at $13,048,000. Goldstone Financial Group LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the 3rd quarter valued at $11,090,000. Ironwood Investment Counsel LLC boosted its position in Schwab Fundamental U.S. Small Company Index ETF by 65.6% during the 3rd quarter. Ironwood Investment Counsel LLC now owns 442,380 shares of the exchange traded fund’s stock worth $26,353,000 after purchasing an additional 175,313 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in Schwab Fundamental U.S. Small Company Index ETF by 89.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 341,020 shares of the exchange traded fund’s stock valued at $18,729,000 after purchasing an additional 161,047 shares in the last quarter.

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

Shares of FNDA opened at $29.97 on Wednesday. Schwab Fundamental U.S. Small Company Index ETF has a 12 month low of $25.98 and a 12 month high of $32.71. The stock’s 50-day moving average is $30.86 and its two-hundred day moving average is $29.39. The stock has a market cap of $4.41 billion, a PE ratio of 14.98 and a beta of 1.18.

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.