Independent Wealth Network Inc. Buys 16,697 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Independent Wealth Network Inc. grew its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 441.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,478 shares of the company’s stock after purchasing an additional 16,697 shares during the quarter. Independent Wealth Network Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $571,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Boyce & Associates Wealth Consulting Inc. lifted its position in Schwab U.S. Large-Cap Growth ETF by 2.2% during the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 5,080 shares of the company’s stock worth $529,000 after acquiring an additional 109 shares during the last quarter. Evergreen Capital Management LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 3.3% in the 2nd quarter. Evergreen Capital Management LLC now owns 3,964 shares of the company’s stock valued at $400,000 after buying an additional 126 shares in the last quarter. Wescott Financial Advisory Group LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 3.1% during the 2nd quarter. Wescott Financial Advisory Group LLC now owns 6,917 shares of the company’s stock worth $698,000 after buying an additional 211 shares during the period. Evanson Asset Management LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 10.2% during the 3rd quarter. Evanson Asset Management LLC now owns 3,023 shares of the company’s stock worth $315,000 after buying an additional 280 shares during the period. Finally, KCM Investment Advisors LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.6% in the third quarter. KCM Investment Advisors LLC now owns 8,324 shares of the company’s stock valued at $867,000 after acquiring an additional 368 shares during the period.

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

NYSEARCA:SCHG opened at $28.88 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.27 and a 52 week high of $29.14. The firm’s 50-day simple moving average is $28.11 and its 200 day simple moving average is $26.48. The firm has a market cap of $8.45 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25.

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.