Orion Portfolio Solutions LLC Buys 91,346 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Orion Portfolio Solutions LLC raised its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 312.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 120,604 shares of the company’s stock after acquiring an additional 91,346 shares during the period. Orion Portfolio Solutions LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $3,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of SCHG. Hantz Financial Services Inc. bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $56,000. Valley Wealth Managers Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock valued at $25,000 after purchasing an additional 678 shares during the period. HM Payson & Co. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. HM Payson & Co. now owns 944 shares of the company’s stock worth $26,000 after buying an additional 708 shares in the last quarter. Fairfield Financial Advisors LTD raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 299.6% in the 4th quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock worth $28,000 after buying an additional 743 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after buying an additional 763 shares during the period.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $25.04 on Tuesday. The firm has a market capitalization of $34.81 billion, a P/E ratio of 31.89 and a beta of 1.13. The stock has a fifty day moving average price of $27.28 and a two-hundred day moving average price of $27.27. 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 Announces Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0272 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

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.