Safeguard Financial LLC Acquires 416,744 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Safeguard Financial LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 288.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 561,318 shares of the company’s stock after acquiring an additional 416,744 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 3.4% of Safeguard Financial LLC’s portfolio, making the stock its 6th biggest position. Safeguard Financial LLC owned 0.19% of Schwab U.S. Large-Cap Growth ETF worth $15,644,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SCHG. Bank of New York Mellon Corp raised its stake in Schwab U.S. Large-Cap Growth ETF by 4.1% during the second quarter. Bank of New York Mellon Corp now owns 22,559 shares of the company’s stock valued at $2,275,000 after buying an additional 885 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF by 104.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 5,767 shares of the company’s stock valued at $582,000 after buying an additional 2,945 shares in the last quarter. Fairfield Financial Advisors LTD acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the second quarter valued at approximately $25,000. Citizens Financial Group Inc. RI acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the second quarter valued at approximately $405,000. Finally, Renaissance Technologies LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 92.5% during the second quarter. Renaissance Technologies LLC now owns 12,900 shares of the company’s stock valued at $1,301,000 after buying an additional 6,200 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.4 %

NYSEARCA:SCHG opened at $27.51 on Wednesday. The firm has a market capitalization of $8.05 billion, a PE ratio of 39.82 and a beta of 1.25. The stock has a 50 day moving average of $28.06 and a 200-day moving average of $26.40. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $20.59 and a 52 week high of $29.14.

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.