Vestwell Advisors LLC Raises Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Vestwell Advisors LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,247,892 shares of the company’s stock after purchasing an additional 79,342 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 6.0% of Vestwell Advisors LLC’s holdings, making the stock its 5th largest holding. Vestwell Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $40,706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Piedmont Capital Management LLC NC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at about $3,899,000. MML Investors Services LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 15.3% during the fourth quarter. MML Investors Services LLC now owns 11,726,425 shares of the company’s stock valued at $382,516,000 after purchasing an additional 1,552,141 shares in the last quarter. Mariner LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 12.5% during the fourth quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock valued at $654,968,000 after purchasing an additional 2,229,203 shares in the last quarter. Focus Partners Wealth boosted its position in Schwab U.S. Large-Cap Growth ETF by 655.4% during the fourth quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock valued at $215,286,000 after purchasing an additional 5,728,214 shares in the last quarter. Finally, Fort Point Capital Partners LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at about $257,000.

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

Shares of SCHG stock opened at $33.42 on Monday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.68 and a 1-year high of $35.42. The stock’s 50-day moving average is $33.10 and its 200 day moving average is $32.11. The company has a market cap of $56.49 billion, a P/E 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.