FLC Capital Advisors Purchases 890,099 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

FLC Capital Advisors grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 303.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,183,727 shares of the company’s stock after buying an additional 890,099 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 7.6% of FLC Capital Advisors’ investment portfolio, making the stock its biggest holding. FLC Capital Advisors owned 0.40% of Schwab U.S. Large-Cap Growth ETF worth $32,990,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Thrive Wealth Management LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 300.4% during the 4th quarter. Thrive Wealth Management LLC now owns 5,128,931 shares of the company’s stock valued at $142,943,000 after acquiring an additional 3,848,061 shares in the last quarter. Marquette Asset Management LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 310.6% during the fourth quarter. Marquette Asset Management LLC now owns 4,028,428 shares of the company’s stock valued at $112,272,000 after purchasing an additional 3,047,202 shares in the last quarter. Financial Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 284.9% during the fourth quarter. Financial Advisors LLC now owns 3,187,865 shares of the company’s stock valued at $88,846,000 after purchasing an additional 2,359,538 shares in the last quarter. Krilogy Financial LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 283.0% in the fourth quarter. Krilogy Financial LLC now owns 2,821,392 shares of the company’s stock worth $78,632,000 after purchasing an additional 2,084,657 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 296.1% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,217,000 shares of the company’s stock valued at $61,788,000 after buying an additional 1,657,307 shares in the last quarter.

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

SCHG stock opened at $28.29 on Monday. The firm’s 50-day moving average is $28.09 and its two-hundred day moving average is $26.45. The company has a market capitalization of $8.27 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $20.85 and a 52 week high of $29.14.

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.