Birchwood Financial Partners Inc. Acquires Shares of 51,765 Schwab U.S. Large-Cap Growth ETF $SCHG

Birchwood Financial Partners Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 51,765 shares of the company’s stock, valued at approximately $1,689,000. Schwab U.S. Large-Cap Growth ETF comprises 1.7% of Birchwood Financial Partners Inc.’s investment portfolio, making the stock its 15th largest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Garton & Associates Financial Advisors LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after buying an additional 1,019 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $49,000. Kingdom Financial Group LLC. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $49,000. Finally, REAP Financial Group LLC grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 70.8% in the fourth quarter. REAP Financial Group LLC now owns 1,520 shares of the company’s stock valued at $50,000 after acquiring an additional 630 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.3%

Shares of SCHG opened at $33.90 on Friday. The stock has a 50 day moving average of $33.45 and a 200 day moving average of $32.15. The company has a market capitalization of $57.30 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.68 and a 12 month high of $35.42.

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.