Meeder Advisory Services Inc. Increases Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Meeder Advisory Services Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 283.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,012 shares of the company’s stock after purchasing an additional 15,529 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $586,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. FMR LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 15.7% during the 3rd quarter. FMR LLC now owns 73,009 shares of the company’s stock worth $7,606,000 after purchasing an additional 9,909 shares in the last quarter. Verition Fund Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter valued at approximately $453,000. Hilltop Holdings Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at approximately $432,000. Resurgent Financial Advisors LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 8.9% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 7,088 shares of the company’s stock worth $738,000 after acquiring an additional 579 shares during the period. Finally, Redwood Investment Management LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $218,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 5.6 %

SCHG stock opened at $24.04 on Friday. The stock has a market capitalization of $33.42 billion, a price-to-earnings ratio of 31.89 and a beta of 1.13. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.68 and a 52-week high of $29.14. The stock’s fifty day simple moving average is $27.05 and its 200-day simple moving average is $27.23.

Schwab U.S. Large-Cap Growth ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were paid a dividend of $0.0272 per share. The ex-dividend date was Wednesday, March 26th.

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.