Brouwer & Janachowski LLC Sells 16,017 Shares of Schwab Fundamental U.S. Small Company Index (NYSEARCA:FNDA)

Brouwer & Janachowski LLC lowered its position in Schwab Fundamental U.S. Small Company Index (NYSEARCA:FNDA) by 5.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 268,739 shares of the exchange traded fund’s stock after selling 16,017 shares during the quarter. Schwab Fundamental U.S. Small Company Index comprises 1.7% of Brouwer & Janachowski LLC’s investment portfolio, making the stock its 12th largest holding. Brouwer & Janachowski LLC owned approximately 0.30% of Schwab Fundamental U.S. Small Company Index worth $10,129,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FNDA. Callan Capital LLC boosted its stake in Schwab Fundamental U.S. Small Company Index by 9.4% in the 2nd quarter. Callan Capital LLC now owns 28,058 shares of the exchange traded fund’s stock worth $1,057,000 after purchasing an additional 2,405 shares during the period. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab Fundamental U.S. Small Company Index by 7.4% during the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 61,760,273 shares of the exchange traded fund’s stock valued at $2,327,745,000 after purchasing an additional 4,269,407 shares during the period. Riverpoint Wealth Management Holdings LLC boosted its stake in Schwab Fundamental U.S. Small Company Index by 4.5% during the 2nd quarter. Riverpoint Wealth Management Holdings LLC now owns 247,067 shares of the exchange traded fund’s stock valued at $9,312,000 after purchasing an additional 10,730 shares during the period. LPL Financial LLC boosted its stake in Schwab Fundamental U.S. Small Company Index by 3.7% during the 2nd quarter. LPL Financial LLC now owns 20,288 shares of the exchange traded fund’s stock valued at $765,000 after purchasing an additional 731 shares during the period. Finally, Rockefeller Capital Management L.P. acquired a new position in Schwab Fundamental U.S. Small Company Index during the 2nd quarter valued at about $32,000.

Schwab Fundamental U.S. Small Company Index stock traded up $0.31 during midday trading on Friday, reaching $39.02. 211 shares of the stock traded hands, compared to its average volume of 317,531. The firm has a fifty day moving average price of $36.83 and a two-hundred day moving average price of $37.40. Schwab Fundamental U.S. Small Company Index has a fifty-two week low of $30.98 and a fifty-two week high of $41.59.

Featured Story: Do closed-end mutual funds pay dividends?

Institutional Ownership by Quarter for Schwab Fundamental U.S. Small Company Index (NYSEARCA:FNDA)

Receive News & Ratings for Schwab Fundamental U.S. Small Company Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab Fundamental U.S. Small Company Index and related companies with MarketBeat.com's FREE daily email newsletter.