Guardian Financial Partners LLC Increases Holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB)

Guardian Financial Partners LLC increased its holdings in Schwab Fundamental U.S. Broad Market Index ETF (NYSEARCA:FNDB) by 195.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 186,822 shares of the company’s stock after buying an additional 123,623 shares during the period. Schwab Fundamental U.S. Broad Market Index ETF comprises approximately 2.6% of Guardian Financial Partners LLC’s investment portfolio, making the stock its 15th biggest holding. Guardian Financial Partners LLC’s holdings in Schwab Fundamental U.S. Broad Market Index ETF were worth $4,345,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Schwab Fundamental U.S. Broad Market Index ETF by 252.2% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 553 shares of the company’s stock valued at $36,000 after buying an additional 396 shares in the last quarter. Foster Group Inc. raised its position in Schwab Fundamental U.S. Broad Market Index ETF by 2.3% during the 3rd quarter. Foster Group Inc. now owns 21,435 shares of the company’s stock worth $1,508,000 after buying an additional 473 shares during the last quarter. Coldstream Capital Management Inc. boosted its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 2.9% in the third quarter. Coldstream Capital Management Inc. now owns 19,722 shares of the company’s stock valued at $1,388,000 after purchasing an additional 563 shares during the last quarter. Creative Planning grew its holdings in Schwab Fundamental U.S. Broad Market Index ETF by 4.7% during the second quarter. Creative Planning now owns 14,445 shares of the company’s stock worth $947,000 after acquiring an additional 653 shares during the period. Finally, FMR LLC boosted its position in Schwab Fundamental U.S. Broad Market Index ETF by 139.6% in the 3rd quarter. FMR LLC now owns 1,457 shares of the company’s stock worth $103,000 after purchasing an additional 849 shares in the last quarter.

Schwab Fundamental U.S. Broad Market Index ETF Price Performance

NYSEARCA:FNDB opened at $23.67 on Thursday. Schwab Fundamental U.S. Broad Market Index ETF has a 1-year low of $19.88 and a 1-year high of $24.73. The company has a 50 day moving average price of $23.89 and a 200-day moving average price of $23.21. The firm has a market cap of $269.84 million, a price-to-earnings ratio of 17.65 and a beta of 0.86.

About Schwab Fundamental U.S. Broad Market Index ETF

The Schwab Fundamental U.S. Broad Market Index ETF (FNDB) is an exchange-traded fund that is based on the Russell RAFI US index. The fund tracks a US equity index, selected and weighted based on three fundamental factors (sales, cash flow and dividends\u002Fbuybacks). FNDB was launched on Aug 8, 2013 and is managed by Charles Schwab.