Waterfront Wealth Inc. Buys 16,835 Shares of Schwab Fundamental U.S. Small Company ETF $FNDA

Waterfront Wealth Inc. raised its holdings in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 27.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 78,344 shares of the exchange traded fund’s stock after buying an additional 16,835 shares during the period. Waterfront Wealth Inc.’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $2,245,000 at the end of the most recent reporting period.

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

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

Shares of FNDA stock opened at $31.29 on Wednesday. Schwab Fundamental U.S. Small Company ETF has a 1 year low of $23.49 and a 1 year high of $32.71. The firm’s fifty day moving average price is $31.14 and its two-hundred day moving average price is $29.25. The firm has a market capitalization of $8.91 billion, a P/E ratio of 17.12 and a beta of 1.10.

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.