Waterfront Wealth Inc. raised its holdings in shares of Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA – Free Report) by 26.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 113,071 shares of the exchange traded fund’s stock after purchasing an additional 23,428 shares during the quarter. Waterfront Wealth Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $3,667,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of the company. Phillips Financial Management LLC purchased a new stake in shares of Schwab Fundamental U.S. Small Company ETF in the 4th quarter worth $26,000. Russell Investments Group Ltd. grew its stake in Schwab Fundamental U.S. Small Company ETF by 94.3% during the 4th quarter. Russell Investments Group Ltd. now owns 845 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 410 shares during the last quarter. Osbon Capital Management LLC acquired a new position in shares of Schwab Fundamental U.S. Small Company ETF during the fourth quarter valued at about $28,000. Smartleaf Asset Management LLC increased its stake in Schwab Fundamental U.S. Small Company ETF by 214.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 654 shares in the last quarter. Finally, High Note Wealth LLC purchased a new stake in Schwab Fundamental U.S. Small Company ETF during the 4th quarter valued at about $34,000.
Schwab Fundamental U.S. Small Company ETF Trading Up 1.3%
Shares of NYSEARCA FNDA opened at $37.36 on Friday. The company has a 50 day simple moving average of $36.40 and a two-hundred day simple moving average of $34.55. Schwab Fundamental U.S. Small Company ETF has a 12 month low of $28.43 and a 12 month high of $38.29. The stock has a market cap of $9.16 billion, a price-to-earnings ratio of 17.12 and a beta of 1.02.
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. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.
Further Reading
- Five stocks we like better than Schwab Fundamental U.S. Small Company ETF
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
Want to see what other hedge funds are holding FNDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA – Free Report).
Receive News & Ratings for Schwab Fundamental U.S. Small Company ETF 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 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
