Defined Financial Planning LLC Invests $7.62 Million in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Defined Financial Planning LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 273,498 shares of the company’s stock, valued at approximately $7,622,000. Schwab U.S. Large-Cap Growth ETF comprises 8.1% of Defined Financial Planning LLC’s portfolio, making the stock its 2nd largest holding. Defined Financial Planning LLC owned approximately 0.09% of Schwab U.S. Large-Cap Growth ETF as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Valley Wealth Managers Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock worth $25,000 after purchasing an additional 678 shares during the period. HM Payson & Co. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. HM Payson & Co. now owns 944 shares of the company’s stock worth $26,000 after acquiring an additional 708 shares during the period. Versant Capital Management Inc increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the fourth quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after acquiring an additional 763 shares during the period. Fairfield Financial Advisors LTD raised its holdings in Schwab U.S. Large-Cap Growth ETF by 299.6% during the fourth quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock worth $28,000 after purchasing an additional 743 shares in the last quarter. Finally, Human Investing LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $29,000.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.9 %

Shares of SCHG opened at $24.36 on Monday. The firm has a market capitalization of $33.86 billion, a PE ratio of 31.89 and a beta of 1.13. The stock’s 50 day moving average is $26.24 and its two-hundred day moving average is $27.12. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.37 and a twelve month high of $29.14.

Schwab U.S. Large-Cap Growth ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0272 per share. The ex-dividend date was Wednesday, March 26th.

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.