Cedar Point Capital Partners LLC Raises Holdings in Schwab Fundamental U.S. Small Company ETF $FNDA

Cedar Point Capital Partners LLC lifted its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 6.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 43,630 shares of the exchange traded fund’s stock after purchasing an additional 2,620 shares during the quarter. Schwab Fundamental U.S. Small Company ETF comprises 0.9% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 25th largest position. Cedar Point Capital Partners LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $1,250,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in FNDA. Salomon & Ludwin LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 110.7% in the 2nd quarter. Salomon & Ludwin LLC now owns 982 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 516 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 4,979.2% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,219 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 1,195 shares in the last quarter. SYM FINANCIAL Corp bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 2nd quarter worth $36,000. Hoey Investments Inc. bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 2nd quarter worth $43,000. Finally, Pflug Koory LLC bought a new position in shares of Schwab Fundamental U.S. Small Company ETF in the 2nd quarter worth $49,000.

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

FNDA opened at $31.29 on Wednesday. The firm has a market cap of $8.91 billion, a price-to-earnings ratio of 17.12 and a beta of 1.10. Schwab Fundamental U.S. Small Company ETF has a 12 month low of $23.49 and a 12 month high of $32.71. The stock has a fifty day moving average price of $31.14 and a 200-day moving average price of $29.25.

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.