Cornerstone Wealth Advisors Inc. decreased its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 2.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,544,054 shares of the company’s stock after selling 46,584 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 11.7% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 2nd largest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $55,478,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the stock. Sei Investments Co. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 7.6% during the 1st quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock worth $1,385,562,000 after purchasing an additional 3,356,829 shares in the last quarter. Cetera Investment Advisers increased its stake in Schwab U.S. Large-Cap Growth ETF by 5.9% during the 1st quarter. Cetera Investment Advisers now owns 17,955,640 shares of the company’s stock valued at $523,048,000 after purchasing an additional 995,373 shares in the last quarter. Avantax Planning Partners Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 0.9% during the first quarter. Avantax Planning Partners Inc. now owns 15,031,527 shares of the company’s stock worth $437,868,000 after buying an additional 140,994 shares during the last quarter. Mather Group LLC. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at about $353,939,000. Finally, Bank of America Corp DE grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 17.1% during the first quarter. Bank of America Corp DE now owns 10,007,876 shares of the company’s stock valued at $291,529,000 after buying an additional 1,461,332 shares during the last quarter.
Schwab U.S. Large-Cap Growth ETF Stock Performance
Shares of SCHG opened at $35.21 on Friday. The firm has a market capitalization of $62.98 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.96 and a 52 week high of $37.10. The stock has a 50 day moving average price of $35.75 and a two-hundred day moving average price of $34.21.
Schwab U.S. Large-Cap Growth ETF Company 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. 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.
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