Avantax Advisory Services Inc. Acquires 3,288,558 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Avantax Advisory Services Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 389.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,132,097 shares of the company’s stock after purchasing an additional 3,288,558 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 0.7% of Avantax Advisory Services Inc.’s investment portfolio, making the stock its 17th biggest holding. Avantax Advisory Services Inc. owned 1.41% of Schwab U.S. Large-Cap Growth ETF worth $115,162,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Valley Wealth Managers Inc. raised its position in Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock worth $25,000 after acquiring an additional 678 shares in the last quarter. HM Payson & Co. raised its position in Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. HM Payson & Co. now owns 944 shares of the company’s stock worth $26,000 after acquiring an additional 708 shares in the last quarter. Versant Capital Management Inc raised its position in Schwab U.S. Large-Cap Growth ETF by 300.4% during the fourth quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after acquiring an additional 763 shares in the last quarter. Fairfield Financial Advisors LTD raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 299.6% in the fourth quarter. Fairfield Financial Advisors LTD now owns 991 shares of the company’s stock valued at $28,000 after purchasing an additional 743 shares during the period. Finally, Human Investing LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $29,000.

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

Shares of SCHG opened at $25.08 on Wednesday. The company’s 50-day moving average is $27.97 and its 200-day moving average is $27.21. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.68 and a fifty-two week high of $29.14. The firm has a market capitalization of $34.61 billion, a PE ratio of 36.44 and a beta of 1.11.

Schwab U.S. Large-Cap Growth ETF 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.