Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Stake Boosted by Rainey & Randall Investment Management Inc.

Rainey & Randall Investment Management Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 536,718 shares of the company’s stock after purchasing an additional 12,839 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 11.4% of Rainey & Randall Investment Management Inc.’s investment portfolio, making the stock its 4th biggest holding. Rainey & Randall Investment Management Inc. owned approximately 0.21% of Schwab U.S. Large-Cap Growth ETF worth $44,526,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. First Command Advisory Services Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth $25,000. Thompson Investment Management Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at about $32,000. WestHill Financial Advisors Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at about $29,000. MCF Advisors LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 45,200.0% during the third quarter. MCF Advisors LLC now owns 453 shares of the company’s stock valued at $33,000 after buying an additional 452 shares during the last quarter. Finally, HM Payson & Co. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at about $37,000.

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

Shares of SCHG traded down $1.98 during trading hours on Friday, reaching $87.04. 2,159,856 shares of the company traded hands, compared to its average volume of 1,480,218. The stock’s fifty day moving average is $91.18 and its 200 day moving average is $84.02. The stock has a market cap of $25.31 billion, a P/E ratio of 41.12 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $63.57 and a 1-year high of $93.84.

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.