Financial Architects Inc Sells 525 Shares of Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA)

Financial Architects Inc decreased its holdings in Schwab Fundamental U.S. Small Company Index ETF (NYSEARCA:FNDA) by 1.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 49,698 shares of the exchange traded fund’s stock after selling 525 shares during the quarter. Financial Architects Inc’s holdings in Schwab Fundamental U.S. Small Company Index ETF were worth $2,703,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Brighton Jones LLC bought a new stake in shares of Schwab Fundamental U.S. Small Company Index ETF in the second quarter worth $268,000. Mercer Global Advisors Inc. ADV boosted its position in Schwab Fundamental U.S. Small Company Index ETF by 5.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 17,047 shares of the exchange traded fund’s stock valued at $927,000 after acquiring an additional 855 shares during the last quarter. MCF Advisors LLC bought a new stake in Schwab Fundamental U.S. Small Company Index ETF during the second quarter valued at $35,000. Austin Private Wealth LLC bought a new stake in Schwab Fundamental U.S. Small Company Index ETF during the second quarter valued at $306,000. Finally, HighTower Advisors LLC boosted its position in Schwab Fundamental U.S. Small Company Index ETF by 359.2% during the second quarter. HighTower Advisors LLC now owns 41,104 shares of the exchange traded fund’s stock valued at $2,238,000 after acquiring an additional 32,153 shares during the last quarter.

FNDA traded up $0.41 during trading on Wednesday, reaching $52.95. 2,600 shares of the stock traded hands, compared to its average volume of 220,631. The stock’s 50-day moving average is $53.06 and its 200 day moving average is $52.82. Schwab Fundamental U.S. Small Company Index ETF has a 12 month low of $31.69 and a 12 month high of $56.22.

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

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