N.E.W. Advisory Services LLC Invests $6.17 Million in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

N.E.W. Advisory Services LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 221,370 shares of the company’s stock, valued at approximately $6,170,000. N.E.W. Advisory Services LLC owned 0.08% of Schwab U.S. Large-Cap Growth ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SCHG. Versant Capital Management Inc raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after acquiring an additional 763 shares during the period. Tsfg LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Tsfg LLC now owns 1,200 shares of the company’s stock worth $33,000 after acquiring an additional 900 shares during the period. Roble Belko & Company Inc raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Roble Belko & Company Inc now owns 1,356 shares of the company’s stock worth $38,000 after acquiring an additional 1,017 shares during the period. Founders Capital Management raised its holdings in Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Founders Capital Management now owns 1,404 shares of the company’s stock valued at $39,000 after buying an additional 1,053 shares during the period. Finally, Hanseatic Management Services Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF by 307.1% in the 4th quarter. Hanseatic Management Services Inc. now owns 1,775 shares of the company’s stock valued at $49,000 after buying an additional 1,339 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.3 %

Shares of SCHG opened at $28.45 on Friday. The firm has a market cap of $8.32 billion, a P/E ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.27 and a 12-month high of $29.14. The company’s 50-day moving average price is $28.29 and its 200 day moving average price is $26.60.

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.