Wingate Wealth Advisors Inc. Purchases New Stake in Schwab Fundamental U.S. Small Company ETF $FNDA

Wingate Wealth Advisors Inc. purchased a new stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 13,824 shares of the exchange traded fund’s stock, valued at approximately $396,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Johnson Investment Counsel Inc. raised its stake in Schwab Fundamental U.S. Small Company ETF by 29.8% in the first quarter. Johnson Investment Counsel Inc. now owns 15,344 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 3,520 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 3.6% during the first quarter. Janney Montgomery Scott LLC now owns 31,784 shares of the exchange traded fund’s stock worth $871,000 after acquiring an additional 1,114 shares in the last quarter. Parallel Advisors LLC raised its stake in Schwab Fundamental U.S. Small Company ETF by 8.4% during the second quarter. Parallel Advisors LLC now owns 13,962 shares of the exchange traded fund’s stock worth $400,000 after acquiring an additional 1,077 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in Schwab Fundamental U.S. Small Company ETF during the first quarter worth about $274,000. Finally, QRG Capital Management Inc. raised its stake in Schwab Fundamental U.S. Small Company ETF by 9.7% during the second quarter. QRG Capital Management Inc. now owns 9,269 shares of the exchange traded fund’s stock worth $266,000 after acquiring an additional 817 shares in the last quarter.

Schwab Fundamental U.S. Small Company ETF Trading Up 0.1%

Shares of NYSEARCA FNDA opened at $30.57 on Friday. The company has a market cap of $8.71 billion, a price-to-earnings ratio of 17.12 and a beta of 1.19. 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 50-day moving average price of $30.99 and a two-hundred day moving average price of $28.91.

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.