Truist Financial Corp Buys 2,286,539 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Truist Financial Corp boosted its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 317.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,006,792 shares of the company’s stock after acquiring an additional 2,286,539 shares during the quarter. Truist Financial Corp owned 1.03% of Schwab U.S. Large-Cap Growth ETF worth $83,799,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Pittenger & Anderson Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Pittenger & Anderson Inc. now owns 7,812 shares of the company’s stock worth $218,000 after acquiring an additional 5,859 shares in the last quarter. Human Investing LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $29,000. Systelligence LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 308.6% in the fourth quarter. Systelligence LLC now owns 532,181 shares of the company’s stock valued at $14,832,000 after purchasing an additional 401,935 shares in the last quarter. Retirement Income Solutions Inc increased its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Retirement Income Solutions Inc now owns 56,200 shares of the company’s stock valued at $1,566,000 after buying an additional 42,150 shares during the last quarter. Finally, Macroview Investment Management LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 301.5% during the 4th quarter. Macroview Investment Management LLC now owns 168,305 shares of the company’s stock worth $4,691,000 after buying an additional 126,390 shares in the last quarter.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $28.94 on Tuesday. The firm has a 50-day moving average of $28.43 and a 200-day moving average of $26.89. The company has a market cap of $8.46 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.68 and a one year high of $29.14.

Schwab U.S. Large-Cap Growth ETF Company 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.