Cornerstone Enterprises LLC Reduces Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Cornerstone Enterprises LLC cut its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 84.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,706 shares of the company’s stock after selling 185,085 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up approximately 0.5% of Cornerstone Enterprises LLC’s portfolio, making the stock its 19th largest holding. Cornerstone Enterprises LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $985,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SCHG. Brighton Jones LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.3% during the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after purchasing an additional 9,139 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 294.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock valued at $13,416,000 after purchasing an additional 359,429 shares during the last quarter. Millennium Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth about $224,000. GAMMA Investing LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 2,404.4% in the first quarter. GAMMA Investing LLC now owns 1,703 shares of the company’s stock worth $43,000 after buying an additional 1,635 shares in the last quarter. Finally, Daymark Wealth Partners LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the first quarter worth about $202,000.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.1%

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $32.52 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $32.53. The company has a market cap of $51.74 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10. The company’s 50-day moving average price is $31.04 and its 200-day moving average price is $28.43.

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.