Park Avenue Securities LLC Buys 493,975 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Park Avenue Securities LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 29.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,182,955 shares of the company’s stock after purchasing an additional 493,975 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 0.7% of Park Avenue Securities LLC’s investment portfolio, making the stock its 25th largest holding. Park Avenue Securities LLC owned approximately 0.16% of Schwab U.S. Large-Cap Growth ETF worth $54,661,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 288.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 42,485,323 shares of the company’s stock worth $1,184,066,000 after purchasing an additional 31,546,654 shares in the last quarter. Financial Engines Advisors L.L.C. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 253.7% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 39,788,567 shares of the company’s stock worth $1,108,907,000 after purchasing an additional 28,538,409 shares in the last quarter. Sei Investments Co. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 299.3% in the fourth quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock worth $1,063,494,000 after purchasing an additional 28,602,115 shares in the last quarter. LPL Financial LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 413.7% in the fourth quarter. LPL Financial LLC now owns 22,053,161 shares of the company’s stock worth $614,622,000 after purchasing an additional 17,759,913 shares in the last quarter. Finally, Mariner LLC raised its holdings in 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 purchasing an additional 12,885,571 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.0%

SCHG opened at $28.09 on Friday. The stock has a fifty day simple moving average of $25.73 and a two-hundred day simple moving average of $27.00. The company has a market cap of $42.14 billion, a price-to-earnings ratio of 32.34 and a beta of 1.16. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month 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.