Oppenheimer & Co. Inc. Acquires 33,945 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Oppenheimer & Co. Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 491,561 shares of the company’s stock after acquiring an additional 33,945 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $15,686,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHG. Envestnet Asset Management Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% during the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock valued at $1,974,964,000 after purchasing an additional 6,651,144 shares during the last quarter. Sei Investments Co. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 11.0% during the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after buying an additional 4,524,057 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 653.7% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after buying an additional 28,455,790 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 6.7% in the 2nd quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock valued at $549,441,000 after buying an additional 1,175,660 shares during the period. Finally, Vantagepoint Investment Advisers LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth $511,489,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 2.1%

Shares of SCHG opened at $31.11 on Monday. The stock’s fifty day simple moving average is $32.48 and its 200-day simple moving average is $31.88. The firm has a market capitalization of $50.92 billion, a PE ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $33.74.

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. 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.