Cetera Investment Advisers Buys 995,373 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Cetera Investment Advisers increased its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,955,640 shares of the company’s stock after buying an additional 995,373 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 0.6% of Cetera Investment Advisers’ holdings, making the stock its 24th biggest position. Cetera Investment Advisers owned about 1.06% of Schwab U.S. Large-Cap Growth ETF worth $523,048,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Foundations Investment Advisors LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 10.9% in the 4th quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock valued at $15,752,000 after acquiring an additional 47,368 shares during the period. Simplicity Wealth LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 13.8% in the fourth quarter. Simplicity Wealth LLC now owns 342,626 shares of the company’s stock valued at $11,176,000 after purchasing an additional 41,469 shares during the last quarter. Dravo Bay LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.6% in the fourth quarter. Dravo Bay LLC now owns 1,213,888 shares of the company’s stock valued at $39,597,000 after purchasing an additional 30,487 shares during the period. Cypress Financial Planning LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $3,257,000. Finally, Columbus Macro LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 43.8% during the 4th quarter. Columbus Macro LLC now owns 105,121 shares of the company’s stock worth $3,429,000 after buying an additional 32,008 shares during the last quarter.

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

Shares of SCHG stock opened at $34.05 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.96 and a 52 week high of $35.42. The company has a market capitalization of $59.58 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The company has a 50-day simple moving average of $34.11 and a 200 day simple moving average of $32.36.

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.