Planning Project LLC Invests $740,000 in Schwab U.S. Large-Cap Growth ETF $SCHG

Planning Project LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 20,742 shares of the company’s stock, valued at approximately $740,000. Schwab U.S. Large-Cap Growth ETF accounts for about 0.1% of Planning Project LLC’s holdings, making the stock its 19th biggest holding.

A number of other large investors have also added to or reduced their stakes in SCHG. Foundations Investment Advisors LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% in the fourth quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock worth $15,752,000 after purchasing an additional 47,368 shares during the last quarter. Vise Technologies Inc. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 159.8% in the fourth quarter. Vise Technologies Inc. now owns 51,074 shares of the company’s stock valued at $1,666,000 after purchasing an additional 31,412 shares during the period. Independent Advisor Alliance raised its position in Schwab U.S. Large-Cap Growth ETF by 57.2% during the 4th quarter. Independent Advisor Alliance now owns 181,109 shares of the company’s stock worth $5,908,000 after purchasing an additional 65,918 shares during the last quarter. XML Financial LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 8.6% during the 1st quarter. XML Financial LLC now owns 1,631,157 shares of the company’s stock worth $47,516,000 after purchasing an additional 129,500 shares during the last quarter. Finally, Catalyst Investment Management LLC bought a new position in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth $2,164,000.

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

Shares of SCHG opened at $35.53 on Monday. The stock’s 50-day moving average price is $34.80 and its two-hundred day moving average price is $33.06. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $36.11. The company has a market capitalization of $62.34 billion, a PE ratio of 34.24 and a beta of 1.19.

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. 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.