Pasadena Private Wealth LLC Cuts Stock Holdings in Schwab Fundamental U.S. Small Company ETF $FNDA

Pasadena Private Wealth LLC lessened its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 18.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 225,270 shares of the exchange traded fund’s stock after selling 50,820 shares during the quarter. Schwab Fundamental U.S. Small Company ETF comprises approximately 1.0% of Pasadena Private Wealth LLC’s holdings, making the stock its 27th biggest holding. Pasadena Private Wealth LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $7,019,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in FNDA. Salomon & Ludwin LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 110.7% in the 2nd quarter. Salomon & Ludwin LLC now owns 982 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 516 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in Schwab Fundamental U.S. Small Company ETF during the second quarter worth about $35,000. PFS Partners LLC purchased a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 3rd quarter worth about $39,000. SYM FINANCIAL Corp acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 2nd quarter valued at about $36,000. Finally, Hoey Investments Inc. acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 2nd quarter valued at about $43,000.

Schwab Fundamental U.S. Small Company ETF Stock Performance

FNDA opened at $33.33 on Friday. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $23.49 and a 1 year high of $33.41. The firm has a 50 day moving average price of $31.49 and a 200 day moving average price of $30.79. The company has a market cap of $9.48 billion, a PE ratio of 17.12 and a beta of 1.10.

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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.