LPL Financial LLC Buys 2,464,714 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

LPL Financial LLC raised its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 34,166,654 shares of the company’s stock after buying an additional 2,464,714 shares during the period. LPL Financial LLC owned about 2.09% of Schwab U.S. Large-Cap Growth ETF worth $1,114,516,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SCHG. Brighton Jones LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.3% in the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after buying an additional 9,139 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 294.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock valued at $13,416,000 after buying an additional 359,429 shares during the period. AQR Capital Management LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 19.6% during the 1st quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock valued at $3,246,000 after purchasing an additional 21,234 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 285.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock valued at $13,040,000 after purchasing an additional 385,822 shares in the last quarter. Finally, First Trust Advisors LP bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at about $248,000.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $33.75 on Monday. Schwab U.S. Large-Cap Growth ETF has a one year low of $27.68 and a one year high of $35.42. The stock’s 50-day moving average is $32.63 and its 200 day moving average is $32.05. The firm has a market cap of $57.05 billion, a price-to-earnings 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.