Paradigm Strategies in Wealth Management LLC Sells 31,204 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Paradigm Strategies in Wealth Management LLC lessened its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 654,383 shares of the company’s stock after selling 31,204 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 12.9% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Paradigm Strategies in Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $19,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHG. Charles Schwab Investment Management Inc. increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock worth $1,231,238,000 after purchasing an additional 3,230,427 shares during the period. LPL Financial LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 7.8% during the fourth quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock worth $1,114,516,000 after purchasing an additional 2,464,714 shares during the period. Mariner LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 12.5% during the fourth quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock worth $654,968,000 after purchasing an additional 2,229,203 shares during the period. Vantagepoint Investment Advisers LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 6.5% during the fourth quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock worth $556,742,000 after purchasing an additional 1,038,388 shares during the period. Finally, Cetera Investment Advisers grew its stake in Schwab U.S. Large-Cap Growth ETF by 10.2% during the fourth quarter. Cetera Investment Advisers now owns 16,960,267 shares of the company’s stock worth $553,244,000 after buying an additional 1,572,946 shares in the last quarter.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $34.18 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.96 and a 12-month high of $35.42. The company has a market capitalization of $59.80 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The firm’s 50-day moving average price is $34.11 and its two-hundred day moving average price is $32.33.

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.