Retirement Planning Group LLC Increases Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Retirement Planning Group LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 25.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 157,408 shares of the company’s stock after buying an additional 32,138 shares during the period. Retirement Planning Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,941,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 288.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 42,485,323 shares of the company’s stock valued at $1,184,066,000 after purchasing an additional 31,546,654 shares during the period. Financial Engines Advisors L.L.C. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 253.7% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 39,788,567 shares of the company’s stock valued at $1,108,907,000 after buying an additional 28,538,409 shares during the period. Sei Investments Co. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 299.3% during the 4th quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock valued at $1,063,494,000 after buying an additional 28,602,115 shares during the period. LPL Financial LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 413.7% in the 4th quarter. LPL Financial LLC now owns 22,053,161 shares of the company’s stock worth $614,622,000 after buying an additional 17,759,913 shares during the last quarter. Finally, Mariner LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.3% in the fourth quarter. Mariner LLC now owns 17,176,803 shares of the company’s stock worth $478,719,000 after acquiring an additional 12,885,571 shares during the period.

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

SCHG stock opened at $28.03 on Thursday. The company has a market cap of $42.05 billion, a price-to-earnings ratio of 32.34 and a beta of 1.16. The business’s 50-day moving average is $25.62 and its two-hundred day moving average is $27.00. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $29.14.

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.