MML Investors Services LLC Acquires 1,552,141 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

MML Investors Services LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 15.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 11,726,425 shares of the company’s stock after purchasing an additional 1,552,141 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 0.9% of MML Investors Services LLC’s portfolio, making the stock its 15th largest position. MML Investors Services LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $382,516,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Mariner LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 12.5% during the 4th quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock worth $654,968,000 after acquiring an additional 2,229,203 shares during the period. Focus Partners Wealth lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 655.4% during the 4th quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock worth $215,286,000 after acquiring an additional 5,728,214 shares during the period. Fort Point Capital Partners LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $257,000. KCM Investment Advisors LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 7.6% during the 4th quarter. KCM Investment Advisors LLC now owns 41,203 shares of the company’s stock worth $1,344,000 after acquiring an additional 2,926 shares during the period. Finally, Destination Wealth Management lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 30.5% during the 4th quarter. Destination Wealth Management now owns 61,483 shares of the company’s stock worth $2,006,000 after acquiring an additional 14,383 shares during the period.

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

NYSEARCA:SCHG opened at $33.42 on Monday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.68 and a 52 week high of $35.42. The company has a market capitalization of $56.49 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company has a 50-day moving average of $33.10 and a 200-day moving average of $32.11.

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. 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.