Schwab U.S. Large-Cap Growth ETF $SCHG Shares Sold by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. cut its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,665,245 shares of the company’s stock after selling 81,266 shares during the quarter. Schwab U.S. Large-Cap Growth ETF makes up approximately 12.9% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 2nd largest holding. Cornerstone Wealth Advisors Inc. owned 0.10% of Schwab U.S. Large-Cap Growth ETF worth $53,138,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Mid American Wealth Advisory Group Inc. acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at $26,000. Atlantic Union Bankshares Corp purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the second quarter valued at $29,000. Key Financial Inc boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 148.6% during the second quarter. Key Financial Inc now owns 1,233 shares of the company’s stock valued at $36,000 after acquiring an additional 737 shares during the last quarter. Creekmur Asset Management LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 200.3% during the second quarter. Creekmur Asset Management LLC now owns 1,811 shares of the company’s stock valued at $53,000 after acquiring an additional 1,208 shares during the last quarter. Finally, Mogy Joel R Investment Counsel Inc. purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter worth about $55,000.

Schwab U.S. Large-Cap Growth ETF Trading Up 0.6%

NYSEARCA:SCHG opened at $33.03 on Wednesday. The firm has a market cap of $53.67 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The company’s 50-day moving average is $32.57 and its two-hundred day moving average is $31.08. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $33.74.

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.