Adero Partners LLC Buys 20,714 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Adero Partners LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 292.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 27,806 shares of the company’s stock after acquiring an additional 20,714 shares during the period. Adero Partners LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $775,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHG. Versant Capital Management Inc boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the fourth quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after purchasing an additional 763 shares in the last quarter. Tsfg LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Tsfg LLC now owns 1,200 shares of the company’s stock valued at $33,000 after buying an additional 900 shares during the period. CENTRAL TRUST Co boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. CENTRAL TRUST Co now owns 1,296 shares of the company’s stock valued at $36,000 after buying an additional 972 shares in the last quarter. Roble Belko & Company Inc grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Roble Belko & Company Inc now owns 1,356 shares of the company’s stock worth $38,000 after buying an additional 1,017 shares during the period. Finally, Founders Capital Management increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Founders Capital Management now owns 1,404 shares of the company’s stock worth $39,000 after acquiring an additional 1,053 shares in the last quarter.

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

Shares of NYSEARCA SCHG opened at $28.59 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.68 and a 1 year high of $29.14. The firm has a 50-day moving average of $28.34 and a 200 day moving average of $26.67. The stock has a market cap of $8.36 billion, a P/E ratio of 39.82 and a beta of 1.25.

About Schwab U.S. Large-Cap Growth ETF

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.