Tenzing Financial LLC Buys New Shares in Schwab U.S. Large-Cap Growth ETF $SCHG

Tenzing Financial LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 249,052 shares of the company’s stock, valued at approximately $8,124,000. Schwab U.S. Large-Cap Growth ETF comprises about 6.6% of Tenzing Financial LLC’s investment portfolio, making the stock its 4th biggest holding.

Several other institutional investors have also recently added to or reduced their stakes in SCHG. Bessemer Group Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at $31,000. Cary Street Partners Investment Advisory LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after purchasing an additional 1,019 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at $49,000. Kingdom Financial Group LLC. purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at about $49,000. Finally, REAP Financial Group LLC grew its position 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 valued at $50,000 after acquiring an additional 630 shares during the period.

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

SCHG stock opened at $33.42 on Monday. The stock has a 50-day moving average price of $33.10 and a two-hundred day moving average price of $32.11. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.68 and a 12-month high of $35.42. 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.