Mariner LLC Raises Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Mariner LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 0.2% in the 3rd quarter, Holdings Channel reports. The fund owned 17,849,389 shares of the company’s stock after buying an additional 38,809 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 0.7% of Mariner LLC’s holdings, making the stock its 23rd largest position. Mariner LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $569,568,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in 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. boosted its position in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after purchasing an additional 4,524,057 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after purchasing an additional 28,455,790 shares in the last quarter. Osaic Holdings Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 6.7% in the second quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock valued at $549,441,000 after purchasing an additional 1,175,660 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 8.2% in the third quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock valued at $533,385,000 after purchasing an additional 1,261,913 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.2%

Shares of SCHG stock opened at $30.27 on Tuesday. The firm’s 50 day moving average is $31.43 and its 200 day moving average is $31.95. The stock has a market capitalization of $49.54 billion, a P/E 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.