HighTower Advisors LLC Acquires 236,668 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

HighTower Advisors LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHGFree Report) by 2.9% during the 4th quarter, HoldingsChannel reports. The fund owned 8,369,417 shares of the company’s stock after acquiring an additional 236,668 shares during the quarter. HighTower Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $273,010,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SCHG. Envestnet Asset Management Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock valued at $1,974,964,000 after purchasing an additional 6,651,144 shares during the last quarter. Vantagepoint Investment Advisers LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 6.5% in the fourth quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock worth $556,742,000 after purchasing an additional 1,038,388 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 8.2% during the third quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock valued at $533,385,000 after buying an additional 1,261,913 shares during the period. Raymond James Financial Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 3.3% during the second quarter. Raymond James Financial Inc. now owns 15,317,027 shares of the company’s stock valued at $447,410,000 after buying an additional 494,865 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 9.1% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,027,556 shares of the company’s stock valued at $319,979,000 after buying an additional 840,550 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.2%

NYSEARCA SCHG opened at $34.19 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $26.80 and a 1-year high of $34.74. The stock has a 50-day moving average of $31.38 and a 200-day moving average of $31.88. The firm has a market cap of $57.79 billion, a PE ratio of 34.24 and a beta of 1.19.

Schwab U.S. Large-Cap Growth ETF Company Profile

(Free Report)

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.

See Also

Want to see what other hedge funds are holding SCHG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHGFree Report).

Institutional Ownership by Quarter for Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

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