Royal Bank of Canada Purchases 2,108,368 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Royal Bank of Canada increased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 320.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,765,394 shares of the company’s stock after acquiring an additional 2,108,368 shares during the quarter. Royal Bank of Canada’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $77,071,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Redwood Financial Network Corp raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 329.3% during the 4th quarter. Redwood Financial Network Corp now owns 40,493 shares of the company’s stock worth $1,129,000 after acquiring an additional 31,060 shares in the last quarter. Redwood Investment Management LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 288.1% during the 4th quarter. Redwood Investment Management LLC now owns 8,120 shares of the company’s stock worth $226,000 after acquiring an additional 6,028 shares in the last quarter. Quadcap Wealth Management LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $1,693,000. Quantinno Capital Management LP grew its position in Schwab U.S. Large-Cap Growth ETF by 657.8% during the 4th quarter. Quantinno Capital Management LP now owns 30,137 shares of the company’s stock worth $840,000 after purchasing an additional 26,160 shares during the last quarter. Finally, Paradigm Capital Management LLC NV grew its position in Schwab U.S. Large-Cap Growth ETF by 351.1% during the 4th quarter. Paradigm Capital Management LLC NV now owns 47,569 shares of the company’s stock worth $1,326,000 after purchasing an additional 37,024 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.4%

NYSEARCA:SCHG opened at $27.62 on Wednesday. The company has a market cap of $40.88 billion, a PE ratio of 32.34 and a beta of 1.17. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.37 and a twelve month high of $29.14. The company’s 50 day moving average is $25.22 and its two-hundred day moving average is $26.98.

Schwab U.S. Large-Cap Growth ETF 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.