Pinion Investment Advisors LLC Purchases 19,757 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Pinion Investment Advisors LLC raised its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 93.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,968 shares of the company’s stock after acquiring an additional 19,757 shares during the period. Pinion Investment Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,339,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SCHG. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock worth $1,613,576,000 after purchasing an additional 6,979,991 shares in the last quarter. Sei Investments Co. increased its stake in Schwab U.S. Large-Cap Growth ETF by 11.0% during the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after purchasing an additional 4,524,057 shares in the last quarter. Mather Group LLC. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 4.5% in the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after buying an additional 1,836,380 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after buying an additional 28,455,790 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 6.7% during the second quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock worth $549,441,000 after buying an additional 1,175,660 shares during the period.

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

NYSEARCA SCHG opened at $32.91 on Tuesday. The company has a market cap of $53.53 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The stock’s fifty day moving average price is $32.61 and its 200 day moving average price is $31.54. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.