Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Shares Acquired by Clear Point Advisors Inc.

Clear Point Advisors Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 300.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 414,539 shares of the company’s stock after buying an additional 310,916 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 9.9% of Clear Point Advisors Inc.’s investment portfolio, making the stock its biggest position. Clear Point Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $11,553,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Carnegie Investment Counsel increased its position in Schwab U.S. Large-Cap Growth ETF by 293.5% in the 4th quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock valued at $448,000 after acquiring an additional 11,980 shares during the period. HighMark Wealth Management LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 300.2% in the 4th quarter. HighMark Wealth Management LLC now owns 2,045 shares of the company’s stock valued at $57,000 after acquiring an additional 1,534 shares during the period. Summit Wealth & Retirement Planning Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 292.7% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 1,532,498 shares of the company’s stock valued at $42,711,000 after acquiring an additional 1,142,247 shares during the period. Burney Co. increased its position in Schwab U.S. Large-Cap Growth ETF by 117.9% in the 4th quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after acquiring an additional 6,313 shares during the period. Finally, Kingsview Wealth Management LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 363.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 421,641 shares of the company’s stock valued at $11,751,000 after acquiring an additional 330,686 shares during the period.

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

Shares of NYSEARCA SCHG opened at $28.91 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.68 and a 52-week high of $29.14. The firm has a 50 day moving average price of $28.44 and a two-hundred day moving average price of $26.92. The stock has a market cap of $8.46 billion, a P/E ratio of 39.82 and a beta of 1.25.

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.