Truepoint Inc. Acquires 66,772 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Truepoint Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 305.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 88,619 shares of the company’s stock after acquiring an additional 66,772 shares during the quarter. Truepoint Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,219,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF by 13.6% in the first quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock worth $1,208,444,000 after buying an additional 5,775,232 shares in the last quarter. Mather Group LLC. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the 1st quarter. Mather Group LLC. now owns 40,450,598 shares of the company’s stock worth $1,012,883,000 after acquiring an additional 1,254,652 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% in the 1st quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock valued at $616,163,000 after purchasing an additional 2,554,009 shares during the period. Mariner LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.3% during the fourth quarter. Mariner LLC now owns 17,176,803 shares of the company’s stock valued at $478,719,000 after purchasing an additional 12,885,571 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 330.5% in the fourth quarter. Ameriprise Financial Inc. now owns 14,371,770 shares of the company’s stock worth $400,440,000 after purchasing an additional 11,033,411 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.1%

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $30.18 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $30.75. The firm has a market capitalization of $46.05 billion, a P/E ratio of 34.24 and a beta of 1.10. The business has a fifty day simple moving average of $29.04 and a two-hundred day simple moving average of $27.32.

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.