Cornerstone Wealth Advisors Inc. Buys 1,267,048 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Cornerstone Wealth Advisors Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 287.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,708,473 shares of the company’s stock after acquiring an additional 1,267,048 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 13.1% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 3rd largest position. Cornerstone Wealth Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $47,615,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Boyce & Associates Wealth Consulting Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF by 2.2% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 5,080 shares of the company’s stock valued at $529,000 after purchasing an additional 109 shares in the last quarter. Evergreen Capital Management LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.3% in the 2nd quarter. Evergreen Capital Management LLC now owns 3,964 shares of the company’s stock worth $400,000 after acquiring an additional 126 shares in the last quarter. Evanson Asset Management LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 10.2% in the 3rd quarter. Evanson Asset Management LLC now owns 3,023 shares of the company’s stock worth $315,000 after acquiring an additional 280 shares in the last quarter. KCM Investment Advisors LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 4.6% in the 3rd quarter. KCM Investment Advisors LLC now owns 8,324 shares of the company’s stock worth $867,000 after acquiring an additional 368 shares in the last quarter. Finally, Warner Financial Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 0.6% in the 3rd quarter. Warner Financial Inc. now owns 63,361 shares of the company’s stock worth $6,601,000 after acquiring an additional 376 shares in the last quarter.

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

NYSEARCA SCHG opened at $28.90 on Friday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.27 and a 1 year high of $29.14. The firm has a market cap of $8.45 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The company has a fifty day moving average price of $28.21 and a 200-day moving average price of $26.54.

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.