Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Shares Sold by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. decreased its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 441,962 shares of the company’s stock after selling 6,358 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises 13.3% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd biggest position. Cornerstone Wealth Advisors Inc. owned approximately 0.15% of Schwab U.S. Large-Cap Growth ETF worth $44,567,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHG. Apollon Wealth Management LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 50.6% during the fourth quarter. Apollon Wealth Management LLC now owns 291,849 shares of the company’s stock worth $24,212,000 after acquiring an additional 98,011 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 6.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 13,070 shares of the company’s stock worth $1,084,000 after buying an additional 762 shares during the period. Townsend Asset Management Corp NC ADV increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% in the 4th quarter. Townsend Asset Management Corp NC ADV now owns 32,195 shares of the company’s stock valued at $2,671,000 after purchasing an additional 727 shares during the last quarter. Able Wealth Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at approximately $50,000. Finally, Verdence Capital Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.9% in the 4th quarter. Verdence Capital Advisors LLC now owns 128,877 shares of the company’s stock valued at $10,692,000 after purchasing an additional 3,665 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.7 %

Shares of NYSEARCA SCHG traded up $0.69 during mid-day trading on Friday, reaching $96.04. The company had a trading volume of 986,462 shares, compared to its average volume of 1,453,323. The firm has a 50 day simple moving average of $99.92 and a two-hundred day simple moving average of $94.26. The stock has a market cap of $28.09 billion, a P/E ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $69.78 and a 52-week high of $105.74.

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.