Northwestern Mutual Wealth Management Co. Raises Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Northwestern Mutual Wealth Management Co. increased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,572,063 shares of the company’s stock after buying an additional 544,507 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.65% of Schwab U.S. Large-Cap Growth ETF worth $344,861,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in SCHG. D.B. Root & Company LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 10.9% in the 3rd quarter. D.B. Root & Company LLC now owns 243,695 shares of the company’s stock worth $7,776,000 after buying an additional 23,865 shares during the last quarter. Bright Futures Wealth Management LLC. acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth about $635,000. Foundations Investment Advisors LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 10.9% in the 4th quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock valued at $15,752,000 after purchasing an additional 47,368 shares in the last quarter. Compound Planning Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 16.2% in the 3rd quarter. Compound Planning Inc. now owns 2,128,290 shares of the company’s stock valued at $67,914,000 after purchasing an additional 296,519 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 1.8% in the 4th quarter. Charles Schwab Trust Co now owns 1,753,222 shares of the company’s stock valued at $57,190,000 after purchasing an additional 30,853 shares in the last quarter.

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

Shares of SCHG stock opened at $34.99 on Friday. The stock’s fifty day moving average is $32.01 and its two-hundred day moving average is $31.96. The firm has a market capitalization of $59.14 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.18 and a fifty-two week high of $35.00.

Schwab U.S. Large-Cap Growth ETF Company 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.