Envestnet Asset Management Inc. Trims Stock Position in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Envestnet Asset Management Inc. lessened its stake in shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA – Get Rating) by 3.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,816 shares of the exchange traded fund’s stock after selling 870 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $1,019,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FNDA. Your Advocates Ltd. LLP lifted its stake in Schwab Fundamental U.S. Small Company Index ETF by 55.3% in the fourth quarter. Your Advocates Ltd. LLP now owns 105,095 shares of the exchange traded fund’s stock valued at $4,910,000 after buying an additional 37,431 shares during the last quarter. CWM LLC grew its position in Schwab Fundamental U.S. Small Company Index ETF by 567.8% during the 4th quarter. CWM LLC now owns 1,015 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 863 shares during the last quarter. Sargent Bickham Lagudis LLC grew its position in Schwab Fundamental U.S. Small Company Index ETF by 21.5% during the 4th quarter. Sargent Bickham Lagudis LLC now owns 1,400 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 248 shares during the last quarter. Ellevest Inc. purchased a new stake in Schwab Fundamental U.S. Small Company Index ETF during the 4th quarter valued at approximately $56,000. Finally, Wade Financial Advisory Inc raised its stake in Schwab Fundamental U.S. Small Company Index ETF by 2.5% during the 4th quarter. Wade Financial Advisory Inc now owns 9,179 shares of the exchange traded fund’s stock valued at $429,000 after acquiring an additional 228 shares during the last quarter.

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

NYSEARCA:FNDA opened at $46.56 on Friday. The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 12.49 and a beta of 1.19. Schwab Fundamental U.S. Small Company Index ETF has a 1-year low of $42.35 and a 1-year high of $53.85. The firm’s fifty day moving average price is $47.32 and its 200 day moving average price is $48.72.

About Schwab Fundamental U.S. Small Company Index ETF

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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.