Wrapmanager Inc. Acquires New Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Wrapmanager Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 6,265 shares of the company’s stock, valued at approximately $520,000.

A number of other institutional investors have also modified their holdings of the stock. Baker Tilly Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at about $280,000. Apollon Wealth Management LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 50.6% during the 4th quarter. Apollon Wealth Management LLC now owns 291,849 shares of the company’s stock worth $24,212,000 after purchasing an additional 98,011 shares during the last quarter. LPL Financial LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 7.0% during the 3rd quarter. LPL Financial LLC now owns 2,541,846 shares of the company’s stock valued at $184,843,000 after purchasing an additional 165,266 shares in the last quarter. Mainsail Financial Group LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3.5% in the fourth quarter. Mainsail Financial Group LLC now owns 71,396 shares of the company’s stock worth $5,935,000 after buying an additional 2,400 shares during the last quarter. Finally, Townsend Asset Management Corp NC ADV lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% during the fourth quarter. Townsend Asset Management Corp NC ADV now owns 32,195 shares of the company’s stock worth $2,671,000 after buying an additional 727 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Performance

Shares of NYSEARCA SCHG traded up $0.29 during mid-day trading on Thursday, hitting $92.84. The stock had a trading volume of 887,098 shares, compared to its average volume of 1,474,913. The firm has a market cap of $27.16 billion, a PE ratio of 39.82 and a beta of 1.25. The company has a 50 day moving average of $91.37 and a two-hundred day moving average of $85.45. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $66.08 and a twelve month high of $93.84.

Schwab U.S. Large-Cap Growth ETF Profile

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S.