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Concurrent Investment Advisors LLC acquired a new position in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) in the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 41,526 shares of the exchange traded fund's stock, valued at approximately $1,580,000. Other hedge funds have also

Launched on August 13, 2013, the Schwab Fundamental U.S. Small Company ETF (FNDA) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Value segment of the US equity market.

A smart beta exchange traded fund, the Schwab Fundamental U.S. Small Company ETF (FNDA) debuted on 08/13/2013, and offers broad exposure to the Style Box - Small Cap Value category of the market.

FNDA is a fundamentally weighted small-cap ETF with 900+ holdings, strong sector diversification features, and a reasonably low 0.25% expense ratio. The fundamental screens emphasize sales, operating cash flow, and dividend/buybacks over the last five years, but a potential weakness is the lack of a growth component. As a result, ETFs like SCHA, IWM, IJR, and FESM look stronger on several of FNDA's own criteria.…

If you're interested in broad exposure to the Small Cap Value segment of the US equity market, look no further than the Schwab Fundamental U.S. Small Company ETF (FNDA), a passively managed exchange traded fund launched on August 13, 2013.