Pasadena Private Wealth LLC Decreases Position in Schwab Fundamental U.S. Small Company ETF $FNDA

Pasadena Private Wealth LLC decreased its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 46.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 276,090 shares of the exchange traded fund’s stock after selling 238,198 shares during the period. Schwab Fundamental U.S. Small Company ETF makes up 1.4% of Pasadena Private Wealth LLC’s portfolio, making the stock its 17th biggest position. Pasadena Private Wealth LLC owned 0.10% of Schwab Fundamental U.S. Small Company ETF worth $7,910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC boosted its position in shares of Schwab Fundamental U.S. Small Company ETF by 3.6% in the first quarter. Janney Montgomery Scott LLC now owns 31,784 shares of the exchange traded fund’s stock worth $871,000 after buying an additional 1,114 shares during the period. Parallel Advisors LLC grew its holdings in Schwab Fundamental U.S. Small Company ETF by 8.4% during the 2nd quarter. Parallel Advisors LLC now owns 13,962 shares of the exchange traded fund’s stock valued at $400,000 after purchasing an additional 1,077 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in Schwab Fundamental U.S. Small Company ETF during the 1st quarter valued at $274,000. QRG Capital Management Inc. grew its holdings in Schwab Fundamental U.S. Small Company ETF by 9.7% during the 2nd quarter. QRG Capital Management Inc. now owns 9,269 shares of the exchange traded fund’s stock valued at $266,000 after purchasing an additional 817 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its holdings in Schwab Fundamental U.S. Small Company ETF by 13.5% during the 1st quarter. Atria Wealth Solutions Inc. now owns 76,619 shares of the exchange traded fund’s stock valued at $2,099,000 after purchasing an additional 9,103 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.8%

FNDA opened at $31.51 on Monday. The company has a fifty day simple moving average of $31.09 and a 200 day simple moving average of $29.16. The firm has a market cap of $8.98 billion, a price-to-earnings ratio of 17.12 and a beta of 1.19. Schwab Fundamental U.S. Small Company ETF has a twelve month low of $23.49 and a twelve month high of $32.71.

Schwab Fundamental U.S. Small Company ETF 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.