Cornerstone Wealth Advisors Inc. Sells 46,584 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Cornerstone Wealth Advisors Inc. lowered its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,544,054 shares of the company’s stock after selling 46,584 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 11.7% of Cornerstone Wealth Advisors Inc.’s holdings, making the stock its 2nd biggest position. Cornerstone Wealth Advisors Inc. owned 0.09% of Schwab U.S. Large-Cap Growth ETF worth $55,478,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Mather Group LLC. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $353,939,000. RMG Wealth Management LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 228,621.0% during the 1st quarter. RMG Wealth Management LLC now owns 5,413,826 shares of the company’s stock worth $157,705,000 after acquiring an additional 5,411,459 shares in the last quarter. Sei Investments Co. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 7.6% during the 1st quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock worth $1,385,562,000 after buying an additional 3,356,829 shares in the last quarter. TSG Advice Partners LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth $47,522,000. Finally, Bank of America Corp DE boosted its stake in Schwab U.S. Large-Cap Growth ETF by 17.1% in the first quarter. Bank of America Corp DE now owns 10,007,876 shares of the company’s stock valued at $291,529,000 after buying an additional 1,461,332 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 2.0%

SCHG stock opened at $35.21 on Friday. The stock has a market capitalization of $62.98 billion, a P/E ratio of 34.24 and a beta of 1.19. The firm has a 50-day moving average price of $35.75 and a 200-day moving average price of $34.21. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $37.10.

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.