Asset Allocation Strategies LLC Increases Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Asset Allocation Strategies LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 408,745 shares of the company’s stock after buying an additional 17,142 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises about 2.5% of Asset Allocation Strategies LLC’s holdings, making the stock its 12th biggest position. Asset Allocation Strategies LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $13,333,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bessemer Group Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth $31,000. Cary Street Partners Investment Advisory LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after acquiring an additional 1,019 shares during the period. Manning & Napier Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $49,000. Kingdom Financial Group LLC. acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $49,000. Finally, REAP Financial Group LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 70.8% in the fourth quarter. REAP Financial Group LLC now owns 1,520 shares of the company’s stock valued at $50,000 after acquiring an additional 630 shares in the last quarter.

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

Shares of SCHG stock opened at $33.42 on Friday. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.68 and a twelve month high of $35.42. The stock has a market cap of $56.49 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company’s 50-day moving average price is $33.10 and its 200-day moving average price is $32.11.

About Schwab U.S. Large-Cap Growth ETF

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.