Cornerstone Wealth Advisors Inc. Has $53.12 Million Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Cornerstone Wealth Advisors Inc. lessened its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,628,504 shares of the company’s stock after selling 36,741 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 12.4% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 3rd biggest holding. Cornerstone Wealth Advisors Inc. owned approximately 0.10% of Schwab U.S. Large-Cap Growth ETF worth $53,122,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SCHG. Crews Bank & Trust bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at approximately $25,000. Westfuller Advisors LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the third quarter worth $26,000. REAP Financial Group LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the third quarter valued at $28,000. Bessemer Group Inc. purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the third quarter valued at $31,000. Finally, Howe & Rusling Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 37.7% during the third quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock valued at $39,000 after purchasing an additional 332 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.4%

Shares of NYSEARCA:SCHG opened at $28.19 on Friday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $33.74. The stock has a market capitalization of $46.14 billion, a P/E ratio of 34.24 and a beta of 1.15. The firm has a fifty day simple moving average of $30.85 and a two-hundred day simple moving average of $31.87.

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.