Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Shares Acquired by Rainey & Randall Wealth Advisors Inc.

Rainey & Randall Wealth Advisors Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 429.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,069,436 shares of the company’s stock after purchasing an additional 2,490,146 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 17.0% of Rainey & Randall Wealth Advisors Inc.’s holdings, making the stock its biggest holding. Rainey & Randall Wealth Advisors Inc. owned approximately 1.05% of Schwab U.S. Large-Cap Growth ETF worth $85,545,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SCHG. Hantz Financial Services Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter worth approximately $56,000. Tidemark LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 119.8% in the 3rd quarter. Tidemark LLC now owns 734 shares of the company’s stock worth $76,000 after purchasing an additional 400 shares during the period. Valley Wealth Managers Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after purchasing an additional 678 shares during the last quarter. Providence Capital Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $105,000. Finally, Versant Capital Management Inc increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the fourth quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after buying an additional 763 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.5 %

SCHG stock opened at $28.01 on Friday. The firm has a market cap of $8.19 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The company’s fifty day simple moving average is $28.44 and its 200 day simple moving average is $27.02. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.68 and a 12-month high of $29.14.

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.