Axxcess Wealth Management LLC Sells 548 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Axxcess Wealth Management LLC decreased its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 3.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,967 shares of the exchange traded fund’s stock after selling 548 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $767,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. increased its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 2.6% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 95,952,017 shares of the exchange traded fund’s stock worth $5,472,144,000 after acquiring an additional 2,407,192 shares during the period. SageView Advisory Group LLC increased its holdings in Schwab Fundamental U.S. Small Company Index ETF by 7,131.4% during the 1st quarter. SageView Advisory Group LLC now owns 2,953,940 shares of the exchange traded fund’s stock worth $168,463,000 after purchasing an additional 2,913,091 shares during the period. Waddell & Associates LLC lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 1.9% in the 2nd quarter. Waddell & Associates LLC now owns 1,253,794 shares of the exchange traded fund’s stock worth $68,858,000 after buying an additional 23,569 shares during the period. Steele Capital Management Inc. lifted its holdings in shares of Schwab Fundamental U.S. Small Company Index ETF by 3.6% in the 2nd quarter. Steele Capital Management Inc. now owns 975,856 shares of the exchange traded fund’s stock worth $53,799,000 after buying an additional 33,766 shares during the period. Finally, Prairiewood Capital LLC grew its position in shares of Schwab Fundamental U.S. Small Company Index ETF by 5.0% during the 2nd quarter. Prairiewood Capital LLC now owns 635,543 shares of the exchange traded fund’s stock worth $34,904,000 after buying an additional 30,357 shares in the last quarter.

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

FNDA stock opened at $60.01 on Friday. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $44.85 and a 1-year high of $61.00. The business has a 50-day moving average price of $57.68 and a 200 day moving average price of $56.09. The company has a market capitalization of $8.82 billion, a P/E ratio of 14.98 and a beta of 1.18.

About Schwab Fundamental U.S. Small Company Index ETF

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.