LPL Financial LLC Buys 17,759,913 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

LPL Financial LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 413.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,053,161 shares of the company’s stock after buying an additional 17,759,913 shares during the quarter. LPL Financial LLC owned approximately 0.08% of Schwab U.S. Large-Cap Growth ETF worth $614,622,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Koshinski Asset Management Inc. lifted its holdings 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 during the period. Mather Group LLC. lifted its holdings 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 during the period. Sei Investments Co. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 299.3% during the fourth quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock worth $1,063,494,000 after purchasing an additional 28,602,115 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $403,827,000. Finally, Avantax Planning Partners Inc. lifted its holdings 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 during the period.

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

Shares of NYSEARCA:SCHG opened at $25.68 on Friday. The firm has a market cap of $35.44 billion, a PE ratio of 31.74 and a beta of 1.13. The firm’s fifty day moving average is $27.55 and its 200-day moving average is $27.21. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.68 and a 52 week 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.