MinichMacGregor Wealth Management LLC Purchases 977,440 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

MinichMacGregor Wealth Management LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 291.2% during the fourth quarter, HoldingsChannel reports. The fund owned 1,313,142 shares of the company’s stock after buying an additional 977,440 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises about 7.6% of MinichMacGregor Wealth Management LLC’s portfolio, making the stock its largest holding. MinichMacGregor Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $36,597,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc raised 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 valued at $28,000 after acquiring an additional 763 shares during the last quarter. Tsfg LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 300.0% in the fourth quarter. Tsfg LLC now owns 1,200 shares of the company’s stock valued at $33,000 after purchasing an additional 900 shares during the period. Roble Belko & Company Inc raised its position in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Roble Belko & Company Inc now owns 1,356 shares of the company’s stock worth $38,000 after purchasing an additional 1,017 shares during the last quarter. Founders Capital Management lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Founders Capital Management now owns 1,404 shares of the company’s stock worth $39,000 after buying an additional 1,053 shares during the period. Finally, Hanseatic Management Services Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 307.1% during the 4th quarter. Hanseatic Management Services Inc. now owns 1,775 shares of the company’s stock worth $49,000 after buying an additional 1,339 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Up 1.4 %

Shares of SCHG stock opened at $28.88 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.27 and a 1-year high of $29.14. The stock has a market cap of $8.45 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The stock has a 50-day moving average of $28.11 and a 200-day moving average of $26.48.

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.