Millennium Capital Advisors LLC Purchases New Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Millennium Capital Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 83,386 shares of the company’s stock, valued at approximately $2,720,000. Schwab U.S. Large-Cap Growth ETF makes up approximately 1.6% of Millennium Capital Advisors LLC’s portfolio, making the stock its 12th largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock valued at $1,974,964,000 after acquiring an additional 6,651,144 shares in the last quarter. Vantagepoint Investment Advisers LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 6.5% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock valued at $556,742,000 after acquiring an additional 1,038,388 shares in the last quarter. Ameriprise Financial Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 8.2% in the third quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock worth $533,385,000 after buying an additional 1,261,913 shares during the period. Raymond James Financial Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 3.3% in the second quarter. Raymond James Financial Inc. now owns 15,317,027 shares of the company’s stock worth $447,410,000 after buying an additional 494,865 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in Schwab U.S. Large-Cap Growth ETF by 9.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,027,556 shares of the company’s stock worth $319,979,000 after buying an additional 840,550 shares during the period.

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

Shares of NYSEARCA SCHG opened at $34.26 on Friday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $26.80 and a 1-year high of $34.74. The business’s fifty day moving average price is $31.31 and its two-hundred day moving average price is $31.88. The firm has a market capitalization of $57.91 billion, a PE ratio of 34.24 and a beta of 1.19.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.