Global Retirement Partners LLC Makes New $5.21 Million Investment in Schwab U.S. Large-Cap Growth ETF $SCHG

Global Retirement Partners LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 178,318 shares of the company’s stock, valued at approximately $5,209,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 14.5% during the second quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock valued at $1,613,576,000 after acquiring an additional 6,979,991 shares during the last quarter. Mather Group LLC. boosted its position in Schwab U.S. Large-Cap Growth ETF by 4.5% in the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after purchasing an additional 1,836,380 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after purchasing an additional 28,455,790 shares during the period. Ameriprise Financial Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 7.7% during the 1st quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock valued at $387,608,000 after purchasing an additional 1,106,110 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% during the 1st quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock valued at $371,147,000 after purchasing an additional 332,496 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 2.4%

Shares of NYSEARCA:SCHG opened at $32.13 on Tuesday. The stock has a market capitalization of $52.21 billion, a PE ratio of 34.24 and a beta of 1.15. The firm’s 50 day moving average price is $32.26 and its 200-day moving average price is $30.31. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.37 and a twelve month high of $33.74.

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.