Yanni & Associates Investment Advisors LLC Makes New Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Yanni & Associates Investment Advisors LLC bought a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 32,985 shares of the company’s stock, valued at approximately $1,076,000. Schwab U.S. Large-Cap Growth ETF makes up about 1.1% of Yanni & Associates Investment Advisors LLC’s investment portfolio, making the stock its 17th largest holding.

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

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

SCHG stock opened at $34.19 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $26.80 and a twelve month high of $34.74. The stock’s 50 day moving average is $31.38 and its 200-day moving average is $31.88. The firm has a market capitalization 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

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.