WealthPoint Financial LLC Invests $2.41 Million in Schwab U.S. Large-Cap Growth ETF $SCHG

WealthPoint Financial LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 73,756 shares of the company’s stock, valued at approximately $2,406,000. Schwab U.S. Large-Cap Growth ETF comprises approximately 2.1% of WealthPoint Financial LLC’s portfolio, making the stock its 13th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Duncker Streett & Co. Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 0.4% in the fourth quarter. Duncker Streett & Co. Inc. now owns 74,707 shares of the company’s stock worth $2,437,000 after purchasing an additional 312 shares during the last quarter. CPC Advisors LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 2.3% during the fourth quarter. CPC Advisors LLC now owns 14,719 shares of the company’s stock valued at $480,000 after purchasing an additional 325 shares during the last quarter. AssuredPartners Investment Advisors LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.6% in the 4th quarter. AssuredPartners Investment Advisors LLC now owns 9,384 shares of the company’s stock worth $306,000 after buying an additional 326 shares in the last quarter. Liberty Square Wealth Partners LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.4% in the 4th quarter. Liberty Square Wealth Partners LLC now owns 10,374 shares of the company’s stock worth $338,000 after buying an additional 340 shares in the last quarter. Finally, Tidemark LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% in the 4th quarter. Tidemark LLC now owns 3,278 shares of the company’s stock worth $107,000 after buying an additional 342 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.3%

Schwab U.S. Large-Cap Growth ETF stock opened at $33.90 on Friday. The company’s 50-day moving average price is $33.45 and its 200-day moving average price is $32.15. The company has a market cap of $57.30 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.68 and a twelve month 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.