Schwab Fundamental U.S. Small Company ETF $FNDA is Ironwood Investment Counsel LLC’s 2nd Largest Position

Ironwood Investment Counsel LLC trimmed its stake in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 4.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 940,337 shares of the exchange traded fund’s stock after selling 47,996 shares during the period. Schwab Fundamental U.S. Small Company ETF comprises about 4.4% of Ironwood Investment Counsel LLC’s holdings, making the stock its 2nd biggest position. Ironwood Investment Counsel LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $30,495,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its holdings in Schwab Fundamental U.S. Small Company ETF by 97.5% during the fourth quarter. Brighton Jones LLC now owns 12,759 shares of the exchange traded fund’s stock worth $379,000 after purchasing an additional 6,299 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in Schwab Fundamental U.S. Small Company ETF in the fourth quarter valued at $256,000. Royal Bank of Canada increased its position in shares of Schwab Fundamental U.S. Small Company ETF by 58.3% in the first quarter. Royal Bank of Canada now owns 104,110 shares of the exchange traded fund’s stock valued at $2,852,000 after buying an additional 38,354 shares in the last quarter. AQR Capital Management LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the first quarter valued at $711,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the first quarter valued at $274,000.

Schwab Fundamental U.S. Small Company ETF Price Performance

NYSEARCA:FNDA opened at $37.65 on Monday. Schwab Fundamental U.S. Small Company ETF has a 52-week low of $28.43 and a 52-week high of $38.29. The stock has a fifty day simple moving average of $36.62 and a 200-day simple moving average of $34.78. The company has a market capitalization of $9.24 billion, a PE ratio of 17.12 and a beta of 1.02.

Schwab Fundamental U.S. Small Company 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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.