Parallel Advisors LLC Has $3.11 Million Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Parallel Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 384.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 95,181 shares of the company’s stock after acquiring an additional 75,520 shares during the period. Parallel Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,105,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SCHG. Vantagepoint Investment Advisers LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 6.5% in the fourth quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock valued at $556,742,000 after buying an additional 1,038,388 shares in the last quarter. Ameriprise Financial Inc. lifted its stake 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 buying an additional 1,261,913 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.3% in the second quarter. Raymond James Financial Inc. now owns 15,317,027 shares of the company’s stock valued at $447,410,000 after buying an additional 494,865 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 5.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,572,063 shares of the company’s stock valued at $344,861,000 after buying an additional 544,507 shares in the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 22.3% in the second quarter. MML Investors Services LLC now owns 8,643,532 shares of the company’s stock valued at $252,478,000 after buying an additional 1,578,072 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 3.0%

Schwab U.S. Large-Cap Growth ETF stock opened at $33.75 on Friday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.68 and a 1-year high of $35.42. The firm has a market capitalization of $57.05 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The firm’s fifty day moving average price is $32.63 and its two-hundred day moving average price is $32.05.

About Schwab U.S. Large-Cap Growth ETF

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.