Townsend Asset Management Corp NC ADV Has $3.90 Million Stock Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Townsend Asset Management Corp NC ADV lifted its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 296.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 140,017 shares of the company’s stock after purchasing an additional 104,692 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for approximately 1.4% of Townsend Asset Management Corp NC ADV’s holdings, making the stock its 18th largest holding. Townsend Asset Management Corp NC ADV’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,902,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Koshinski Asset Management Inc. boosted its holdings in 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 worth $43,583,658,000 after buying an additional 1,563,337,456 shares during the last quarter. Mather Group LLC. raised its position in shares of 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 period. Raymond James Financial Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $403,827,000. McAdam LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 312.3% during the fourth quarter. McAdam LLC now owns 7,620,902 shares of the company’s stock valued at $212,395,000 after purchasing an additional 5,772,375 shares during the period. Finally, Thrive Wealth Management LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 300.4% in the fourth quarter. Thrive Wealth Management LLC now owns 5,128,931 shares of the company’s stock valued at $142,943,000 after purchasing an additional 3,848,061 shares in the last quarter.

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

SCHG opened at $26.82 on Thursday. The firm’s fifty day moving average is $28.19 and its two-hundred day moving average is $27.19. The firm has a market cap of $37.01 billion, a PE ratio of 36.44 and a beta of 1.11. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.68 and a twelve month 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.