Pinion Investment Advisors LLC Increases Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Pinion Investment Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 302.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,716 shares of the company’s stock after purchasing an additional 15,569 shares during the period. Pinion Investment Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $577,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SCHG. Koshinski Asset Management Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 324,108.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 1,563,819,806 shares of the company’s stock valued at $43,583,658,000 after buying an additional 1,563,337,456 shares during the period. Mather Group LLC. grew its position in Schwab U.S. Large-Cap Growth ETF by 301.4% in the 4th quarter. Mather Group LLC. now owns 39,195,946 shares of the company’s stock valued at $1,092,391,000 after acquiring an additional 29,430,979 shares during the last quarter. McAdam LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 312.3% in the fourth quarter. McAdam LLC now owns 7,620,902 shares of the company’s stock worth $212,395,000 after purchasing an additional 5,772,375 shares during the period. Thrive Wealth Management LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the fourth quarter. Thrive Wealth Management LLC now owns 5,128,931 shares of the company’s stock worth $142,943,000 after purchasing an additional 3,848,061 shares during the last quarter. Finally, Focus Financial Network Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 303.6% during the fourth quarter. Focus Financial Network Inc. now owns 4,609,367 shares of the company’s stock valued at $128,463,000 after purchasing an additional 3,467,433 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 2.5 %

NYSEARCA SCHG opened at $26.59 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.68 and a 12 month high of $29.14. The company’s 50-day moving average price is $28.28 and its 200-day moving average price is $27.19. The stock has a market cap of $36.69 billion, a PE ratio of 36.44 and a beta of 1.11.

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.