Cornerstone Wealth Management LLC Grows Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Cornerstone Wealth Management LLC boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 8.6% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 18,887 shares of the company’s stock after purchasing an additional 1,494 shares during the period. Cornerstone Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,751,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Baker Tilly Wealth Management LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $280,000. Apollon Wealth Management LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 50.6% in the 4th quarter. Apollon Wealth Management LLC now owns 291,849 shares of the company’s stock worth $24,212,000 after buying an additional 98,011 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 6.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,070 shares of the company’s stock valued at $1,084,000 after buying an additional 762 shares during the period. Mainsail Financial Group LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 3.5% during the fourth quarter. Mainsail Financial Group LLC now owns 71,396 shares of the company’s stock valued at $5,935,000 after buying an additional 2,400 shares during the period. Finally, Townsend Asset Management Corp NC ADV increased its holdings in Schwab U.S. Large-Cap Growth ETF by 2.3% during the fourth quarter. Townsend Asset Management Corp NC ADV now owns 32,195 shares of the company’s stock worth $2,671,000 after buying an additional 727 shares during the last quarter.

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

Shares of SCHG stock opened at $103.23 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $69.78 and a 52 week high of $103.33. The firm’s 50-day simple moving average is $96.56 and its two-hundred day simple moving average is $91.15. The firm has a market cap of $30.19 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25.

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.