MML Investors Services LLC Buys 1,552,141 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

MML Investors Services LLC raised its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 15.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,726,425 shares of the company’s stock after purchasing an additional 1,552,141 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up approximately 0.9% of MML Investors Services LLC’s holdings, making the stock its 15th biggest position. MML Investors Services LLC owned 0.72% of Schwab U.S. Large-Cap Growth ETF worth $382,516,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SCHG. Valpey Financial Services LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 3,085.3% in the 4th quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after purchasing an additional 7,752,527 shares during the period. Focus Partners Wealth boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 655.4% in the 4th quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock valued at $215,286,000 after purchasing an additional 5,728,214 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 9.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after purchasing an additional 3,230,427 shares during the period. Thrivent Financial for Lutherans boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 7,909.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after purchasing an additional 3,071,625 shares during the period. Finally, BlueStem Wealth Partners LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at $92,090,000.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $33.42 on Monday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.68 and a fifty-two week high of $35.42. The firm has a fifty day moving average price of $33.10 and a two-hundred day moving average price of $32.11. The company has a market cap of $56.49 billion, a PE ratio of 34.24 and a beta of 1.19.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.