Principal Securities Inc. Acquires 79,137 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Principal Securities Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 6.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,359,101 shares of the company’s stock after acquiring an additional 79,137 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up about 0.7% of Principal Securities Inc.’s portfolio, making the stock its 28th biggest holding. Principal Securities Inc. owned 0.08% of Schwab U.S. Large-Cap Growth ETF worth $44,334,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bessemer Group Inc. bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $31,000. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after buying an additional 1,019 shares during the period. Manning & Napier Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $49,000. Kingdom Financial Group LLC. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth about $49,000. Finally, REAP Financial Group LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 70.8% during the 4th quarter. REAP Financial Group LLC now owns 1,520 shares of the company’s stock worth $50,000 after buying an additional 630 shares during the period.

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

Shares of SCHG stock opened at $33.38 on Friday. The company has a 50-day simple moving average of $33.02 and a 200 day simple moving average of $32.10. The company has a market capitalization of $56.42 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.68 and a 52 week high of $35.42.

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.