Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) Stake Decreased by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. reduced its holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 16.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,427 shares of the exchange traded fund’s stock after selling 879 shares during the quarter. Morris Financial Concepts Inc.’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $252,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Johnson Financial Group Inc. raised its stake in shares of Schwab Fundamental U.S. Small Company Index ETF by 219.6% during the fourth quarter. Johnson Financial Group Inc. now owns 457 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 314 shares in the last quarter. Principal Securities Inc. acquired a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the 4th quarter worth approximately $28,000. Signature Resources Capital Management LLC bought a new position in shares of Schwab Fundamental U.S. Small Company Index ETF in the fourth quarter valued at approximately $34,000. Pacific Capital Wealth Advisors Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company Index ETF during the fourth quarter valued at approximately $43,000. Finally, Geneos Wealth Management Inc. raised its holdings in Schwab Fundamental U.S. Small Company Index ETF by 1,341.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 879 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 818 shares in the last quarter.

Schwab Fundamental U.S. Small Company Index ETF Stock Down 1.0 %

NYSEARCA FNDA traded down $0.54 on Monday, reaching $54.38. 438,876 shares of the stock traded hands, compared to its average volume of 318,525. The company has a market cap of $7.99 billion, a price-to-earnings ratio of 14.98 and a beta of 1.18. The firm’s fifty day simple moving average is $55.29 and its 200 day simple moving average is $54.89. Schwab Fundamental U.S. Small Company Index ETF has a 12 month low of $44.85 and a 12 month high of $57.53.

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.