N.E.W. Advisory Services LLC Increases Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

N.E.W. Advisory Services LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 491.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 634,931 shares of the company’s stock after purchasing an additional 527,534 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 1.5% of N.E.W. Advisory Services LLC’s investment portfolio, making the stock its 15th biggest holding. N.E.W. Advisory Services LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $20,711,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $511,489,000. Envestnet Asset Management Inc. grew its holdings in Schwab U.S. Large-Cap Growth ETF by 12.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after acquiring an additional 6,651,144 shares in the last quarter. Lido Advisors LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 376.8% during the 3rd quarter. Lido Advisors LLC now owns 2,476,025 shares of the company’s stock worth $79,010,000 after acquiring an additional 1,956,695 shares in the last quarter. BIP Wealth LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 5,268.4% during the 4th quarter. BIP Wealth LLC now owns 1,779,503 shares of the company’s stock worth $58,047,000 after acquiring an additional 1,746,355 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 22.3% during the 2nd quarter. MML Investors Services LLC now owns 8,643,532 shares of the company’s stock worth $252,478,000 after acquiring an additional 1,578,072 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.2%

NYSEARCA SCHG opened at $32.44 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $24.30 and a 52 week high of $33.74. The stock has a market capitalization of $53.63 billion, a PE ratio of 34.24 and a beta of 1.19. The firm has a 50 day moving average of $30.50 and a two-hundred day moving average of $31.74.

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.