Fifth Third Wealth Advisors LLC Takes $729,000 Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Fifth Third Wealth Advisors LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,026 shares of the company’s stock, valued at approximately $729,000.

A number of other large investors also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock worth $1,231,238,000 after purchasing an additional 3,230,427 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.8% during the fourth quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock valued at $1,114,516,000 after purchasing an additional 2,464,714 shares during the period. Mariner LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 12.5% in the fourth quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock worth $654,968,000 after purchasing an additional 2,229,203 shares during the last quarter. Vantagepoint Investment Advisers LLC grew its holdings in shares of 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. Finally, Cetera Investment Advisers increased its stake in Schwab U.S. Large-Cap Growth ETF by 10.2% in the 4th quarter. Cetera Investment Advisers now owns 16,960,267 shares of the company’s stock worth $553,244,000 after buying an additional 1,572,946 shares during the period.

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

Shares of SCHG opened at $32.84 on Friday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.96 and a 1-year high of $35.42. The company has a 50-day moving average of $33.71 and a 200 day moving average of $32.17. The firm has a market capitalization of $55.51 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.

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. 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.