Schwab US Broad Market ETF (NYSEARCA:SCHB) is Ethos Financial Group LLC’s Largest Position

Ethos Financial Group LLC grew its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 217.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,870,971 shares of the company’s stock after buying an additional 1,282,079 shares during the period. Schwab US Broad Market ETF accounts for 5.5% of Ethos Financial Group LLC’s investment portfolio, making the stock its biggest position. Ethos Financial Group LLC owned approximately 0.41% of Schwab US Broad Market ETF worth $42,471,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Joseph Group Capital Management purchased a new position in Schwab US Broad Market ETF during the third quarter worth $66,000. Promus Capital LLC purchased a new stake in shares of Schwab US Broad Market ETF in the fourth quarter valued at $25,000. Maryland Capital Advisors Inc. grew its position in shares of Schwab US Broad Market ETF by 200.0% in the fourth quarter. Maryland Capital Advisors Inc. now owns 1,161 shares of the company’s stock valued at $26,000 after purchasing an additional 774 shares during the period. Wiser Advisor Group LLC grew its position in shares of Schwab US Broad Market ETF by 200.8% in the fourth quarter. Wiser Advisor Group LLC now owns 1,176 shares of the company’s stock valued at $27,000 after purchasing an additional 785 shares during the period. Finally, Beacon Capital Management LLC grew its position in shares of Schwab US Broad Market ETF by 200.2% in the fourth quarter. Beacon Capital Management LLC now owns 1,216 shares of the company’s stock valued at $28,000 after purchasing an additional 811 shares during the period.

Schwab US Broad Market ETF Stock Up 1.2 %

Shares of NYSEARCA:SCHB opened at $22.50 on Thursday. The company has a market cap of $32.18 billion, a P/E ratio of 25.96 and a beta of 1.04. Schwab US Broad Market ETF has a 52 week low of $19.14 and a 52 week high of $23.77. The business has a fifty day simple moving average of $23.14 and a 200-day simple moving average of $22.69.

About Schwab US Broad Market ETF

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.