Horizon Investment Services LLC Decreases Stock Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Horizon Investment Services LLC reduced its position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 31.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,674 shares of the exchange traded fund’s stock after selling 3,592 shares during the period. Horizon Investment Services LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $220,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. HORAN Wealth LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 2nd quarter worth approximately $7,632,000. Horan Securities Inc. boosted its position in Schwab Fundamental U.S. Small Company ETF by 2.8% during the second quarter. Horan Securities Inc. now owns 17,257 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 473 shares in the last quarter. Ethos Financial Group LLC lifted its position in Schwab Fundamental U.S. Small Company ETF by 5.4% during the second quarter. Ethos Financial Group LLC now owns 58,061 shares of the exchange traded fund’s stock valued at $1,663,000 after acquiring an additional 2,980 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF during the second quarter valued at about $35,000. Finally, New Millennium Group LLC increased its position in shares of Schwab Fundamental U.S. Small Company ETF by 3.6% in the 2nd quarter. New Millennium Group LLC now owns 119,566 shares of the exchange traded fund’s stock valued at $3,426,000 after acquiring an additional 4,176 shares during the period.

Schwab Fundamental U.S. Small Company ETF Trading Down 1.1%

FNDA opened at $30.40 on Friday. The firm has a 50 day moving average of $31.10 and a two-hundred day moving average of $29.48. The firm has a market capitalization of $8.66 billion, a PE ratio of 17.12 and a beta of 1.10. Schwab Fundamental U.S. Small Company ETF has a 12-month low of $23.49 and a 12-month high of $32.71.

Schwab Fundamental U.S. Small Company ETF Company 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.