MBA Advisors LLC Purchases 234,002 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

MBA Advisors LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 306.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 310,411 shares of the company’s stock after acquiring an additional 234,002 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 4.3% of MBA Advisors LLC’s holdings, making the stock its 3rd largest position. MBA Advisors LLC owned approximately 0.11% of Schwab U.S. Large-Cap Growth ETF worth $8,651,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock valued at $28,000 after acquiring an additional 763 shares during the last quarter. Tsfg LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% in the 4th quarter. Tsfg LLC now owns 1,200 shares of the company’s stock worth $33,000 after purchasing an additional 900 shares during the period. CENTRAL TRUST Co grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. CENTRAL TRUST Co now owns 1,296 shares of the company’s stock valued at $36,000 after buying an additional 972 shares in the last quarter. Roble Belko & Company Inc grew its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Roble Belko & Company Inc now owns 1,356 shares of the company’s stock valued at $38,000 after acquiring an additional 1,017 shares in the last quarter. Finally, Founders Capital Management grew its position in Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Founders Capital Management now owns 1,404 shares of the company’s stock valued at $39,000 after purchasing an additional 1,053 shares in the last quarter.

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

Shares of SCHG stock opened at $28.42 on Monday. The stock’s 50-day moving average is $28.40 and its two-hundred day moving average is $26.73. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.68 and a fifty-two week high of $29.14. The firm has a market cap of $8.31 billion, a P/E ratio of 39.82 and a beta of 1.25.

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.