Short Interest in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) Declines By 85.7%

Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 15,238 shares, a decline of 85.7% from the March 31st total of 106,743 shares. Based on an average trading volume of 779,282 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.5%

NYSEARCA:FNDA traded up $0.17 on Friday, hitting $35.50. 395,427 shares of the stock were exchanged, compared to its average volume of 798,035. The stock has a fifty day moving average of $33.64 and a 200-day moving average of $32.59. The stock has a market cap of $10.18 billion, a PE ratio of 17.12 and a beta of 1.04. Schwab Fundamental U.S. Small Company ETF has a fifty-two week low of $25.73 and a fifty-two week high of $35.97.

Institutional Trading of Schwab Fundamental U.S. Small Company ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FNDA. Brighton Jones LLC lifted its position 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 valued at $379,000 after buying an additional 6,299 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the fourth quarter worth $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 worth $2,852,000 after acquiring 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 1st 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 1st quarter valued at $274,000.

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.