ProVise Management Group LLC Grows Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

ProVise Management Group LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 261.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 570,889 shares of the company’s stock after purchasing an additional 412,820 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up 1.4% of ProVise Management Group LLC’s portfolio, making the stock its 21st biggest holding. ProVise Management Group LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $15,911,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Koshinski Asset Management Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 324,108.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 1,563,819,806 shares of the company’s stock worth $43,583,658,000 after purchasing an additional 1,563,337,456 shares in the last quarter. Mather Group LLC. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 301.4% during the fourth quarter. Mather Group LLC. now owns 39,195,946 shares of the company’s stock worth $1,092,391,000 after purchasing an additional 29,430,979 shares in the last quarter. Avantax Planning Partners Inc. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 293.9% during the fourth quarter. Avantax Planning Partners Inc. now owns 15,371,381 shares of the company’s stock worth $428,400,000 after purchasing an additional 11,468,549 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $403,827,000. Finally, Sei Investments Co. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 5.0% during the third quarter. Sei Investments Co. now owns 9,556,995 shares of the company’s stock worth $995,648,000 after purchasing an additional 452,814 shares in the last quarter.

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

NYSEARCA SCHG opened at $25.24 on Wednesday. The stock has a market capitalization of $34.83 billion, a PE ratio of 31.74 and a beta of 1.13. The business has a 50 day simple moving average of $27.69 and a two-hundred day simple moving average of $27.21. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.68 and a 1-year high of $29.14.

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.