Mariner LLC Has $654.97 Million Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Mariner LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 12.5% in the fourth quarter, Holdings Channel reports. The firm owned 20,078,592 shares of the company’s stock after purchasing an additional 2,229,203 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for about 0.8% of Mariner LLC’s investment portfolio, making the stock its 25th largest position. Mariner LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $654,968,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bessemer Group Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at about $31,000. Cary Street Partners Investment Advisory LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after acquiring an additional 1,019 shares in the last quarter. Manning & Napier Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $49,000. Kingdom Financial Group LLC. acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $49,000. Finally, REAP Financial Group LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 70.8% during the fourth quarter. REAP Financial Group LLC now owns 1,520 shares of the company’s stock worth $50,000 after acquiring an additional 630 shares in the last quarter.

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

Shares of NYSEARCA SCHG opened at $33.42 on Monday. The company has a market cap of $56.49 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.68 and a 12 month high of $35.42. The stock has a 50-day moving average price of $33.10 and a two-hundred day moving average price of $32.11.

About Schwab U.S. Large-Cap Growth ETF

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.