Schwab Fundamental U.S. Small Company ETF $FNDA Shares Sold by Bell Investment Advisors Inc

Bell Investment Advisors Inc reduced its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 4.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 637,574 shares of the exchange traded fund’s stock after selling 29,470 shares during the quarter. Schwab Fundamental U.S. Small Company ETF accounts for 3.2% of Bell Investment Advisors Inc’s portfolio, making the stock its 9th largest position. Bell Investment Advisors Inc’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $19,867,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in FNDA. Cullen Frost Bankers Inc. acquired a new stake in Schwab Fundamental U.S. Small Company ETF in the 3rd quarter valued at approximately $28,000. Triumph Capital Management acquired a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter worth $38,000. PFS Partners LLC acquired a new position in Schwab Fundamental U.S. Small Company ETF during the third quarter worth $39,000. Blue Trust Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF during the third quarter worth $49,000. Finally, Pin Oak Investment Advisors Inc. purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter worth $43,000.

Schwab Fundamental U.S. Small Company ETF Trading Up 1.0%

Shares of NYSEARCA FNDA opened at $32.57 on Wednesday. The stock has a market capitalization of $9.30 billion, a PE ratio of 17.12 and a beta of 1.10. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $23.49 and a twelve month high of $35.31. The stock has a fifty day simple moving average of $33.82 and a 200-day simple moving average of $32.17.

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