Ethos Financial Group LLC Has $50.85 Million Position in Schwab US Broad Market ETF $SCHB

Ethos Financial Group LLC lifted its position in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 3.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,026,333 shares of the company’s stock after purchasing an additional 69,826 shares during the period. Schwab US Broad Market ETF accounts for approximately 3.7% of Ethos Financial Group LLC’s portfolio, making the stock its largest position. Ethos Financial Group LLC owned 0.14% of Schwab US Broad Market ETF worth $50,855,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHB. Financial Life Planners bought a new stake in shares of Schwab US Broad Market ETF in the 1st quarter worth approximately $27,000. Birchwood Financial Partners Inc. bought a new position in shares of Schwab US Broad Market ETF during the fourth quarter valued at approximately $28,000. Wiser Advisor Group LLC bought a new position in shares of Schwab US Broad Market ETF during the third quarter valued at approximately $29,000. Bayban purchased a new stake in Schwab US Broad Market ETF in the fourth quarter worth $33,000. Finally, LRI Investments LLC purchased a new stake in Schwab US Broad Market ETF in the fourth quarter worth $35,000.

Schwab US Broad Market ETF Stock Up 0.4%

NYSEARCA:SCHB opened at $29.07 on Wednesday. The stock has a market cap of $43.49 billion, a P/E ratio of 25.08 and a beta of 1.02. The firm’s fifty day simple moving average is $28.75 and its 200 day simple moving average is $27.22. Schwab US Broad Market ETF has a twelve month low of $23.83 and a twelve month high of $29.35.

Schwab US Broad Market ETF Company Profile

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps.