Principal Securities Inc. Purchases 79,137 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Principal Securities Inc. raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,359,101 shares of the company’s stock after purchasing an additional 79,137 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 0.7% of Principal Securities Inc.’s holdings, making the stock its 28th biggest holding. Principal Securities Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $44,334,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SCHG. Valpey Financial Services LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 3,085.3% in the 4th quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after purchasing an additional 7,752,527 shares during the period. Thrivent Financial for Lutherans boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 7,909.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after purchasing an additional 3,071,625 shares during the period. BlueStem Wealth Partners LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $92,090,000. LPL Financial LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 7.8% in the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock valued at $1,114,516,000 after purchasing an additional 2,464,714 shares during the period. Finally, Koshinski Asset Management Inc. bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $68,706,000.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.6%

NYSEARCA SCHG opened at $33.38 on Friday. The firm has a 50-day moving average price of $33.02 and a two-hundred day moving average price of $32.10. The company has a market capitalization of $56.42 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.68 and a 12-month high of $35.42.

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.