Cornerstone Wealth Group LLC Takes $986,000 Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Cornerstone Wealth Group LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 10,633 shares of the company’s stock, valued at approximately $986,000.

Other hedge funds also recently made changes to their positions in the company. Thompson Investment Management Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 32.2% during the 1st quarter. Thompson Investment Management Inc. now owns 517 shares of the company’s stock worth $48,000 after purchasing an additional 126 shares in the last quarter. Lederer & Associates Investment Counsel CA increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.7% during the 4th quarter. Lederer & Associates Investment Counsel CA now owns 7,840 shares of the company’s stock worth $650,000 after purchasing an additional 129 shares in the last quarter. Annex Advisory Services LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.7% during the 1st quarter. Annex Advisory Services LLC now owns 3,745 shares of the company’s stock worth $347,000 after purchasing an additional 133 shares in the last quarter. BKA Wealth Consulting Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.8% during the 4th quarter. BKA Wealth Consulting Inc. now owns 4,978 shares of the company’s stock worth $413,000 after purchasing an additional 135 shares in the last quarter. Finally, SignalPoint Asset Management LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 1.5% during the 4th quarter. SignalPoint Asset Management LLC now owns 9,418 shares of the company’s stock worth $781,000 after purchasing an additional 142 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.8 %

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $100.84 on Monday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $69.78 and a 12-month high of $102.54. The company has a 50-day simple moving average of $95.46 and a 200 day simple moving average of $90.70. The stock has a market capitalization of $29.50 billion, a P/E ratio of 39.82 and a beta of 1.25.

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.