Diversified Portfolios Inc. Invests $664,000 in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Diversified Portfolios Inc. purchased a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 23,832 shares of the company’s stock, valued at approximately $664,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Retirement Guys Formula LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 292.5% in the 4th quarter. Retirement Guys Formula LLC now owns 593,640 shares of the company’s stock worth $16,545,000 after acquiring an additional 442,386 shares during the last quarter. Avion Wealth grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 299.9% in the fourth quarter. Avion Wealth now owns 2,839 shares of the company’s stock valued at $79,000 after purchasing an additional 2,129 shares during the period. Avidian Wealth Enterprises LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 299.9% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 70,830 shares of the company’s stock worth $1,974,000 after purchasing an additional 53,120 shares during the last quarter. Gladstone Institutional Advisory LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 253.7% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 137,668 shares of the company’s stock worth $3,837,000 after purchasing an additional 98,746 shares during the period. Finally, Atlas Wealth Partners LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 364.4% in the 4th quarter. Atlas Wealth Partners LLC now owns 56,878 shares of the company’s stock valued at $1,585,000 after purchasing an additional 44,630 shares during the last quarter.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $28.57 on Wednesday. The firm has a 50 day simple moving average of $28.41 and a 200-day simple moving average of $26.78. The stock has a market cap of $8.36 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.68 and a 1-year 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.