Founders Financial Securities LLC Acquires 9,514 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Founders Financial Securities LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 28.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 42,399 shares of the company’s stock after acquiring an additional 9,514 shares during the period. Founders Financial Securities LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,276,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 25.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 7,938,982 shares of the company’s stock worth $658,618,000 after acquiring an additional 1,617,687 shares during the period. Focus Financial Network Inc. ADV purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $121,792,000. Cetera Investment Advisers lifted its position in Schwab U.S. Large-Cap Growth ETF by 259.4% during the first quarter. Cetera Investment Advisers now owns 1,696,108 shares of the company’s stock valued at $157,263,000 after purchasing an additional 1,224,220 shares during the last quarter. Advance Capital Management Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF by 8,500.1% in the 1st quarter. Advance Capital Management Inc. now owns 492,871 shares of the company’s stock worth $45,699,000 after buying an additional 487,140 shares in the last quarter. Finally, Burkett Financial Services LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth $40,292,000.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $98.67 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $69.78 and a fifty-two week high of $105.74. The stock has a market cap of $28.86 billion, a P/E ratio of 39.82 and a beta of 1.25. The firm’s fifty day moving average price is $100.53 and its 200-day moving average price is $95.74.

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.