Phillips Financial Management LLC Boosts Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Phillips Financial Management LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1,118.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,096 shares of the company’s stock after purchasing an additional 2,842 shares during the quarter. Phillips Financial Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $86,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Carnegie Investment Counsel increased its position in Schwab U.S. Large-Cap Growth ETF by 293.5% during the fourth quarter. Carnegie Investment Counsel now owns 16,062 shares of the company’s stock valued at $448,000 after acquiring an additional 11,980 shares during the last quarter. HighMark Wealth Management LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 300.2% during the fourth quarter. HighMark Wealth Management LLC now owns 2,045 shares of the company’s stock valued at $57,000 after acquiring an additional 1,534 shares during the last quarter. Jones Financial Companies Lllp increased its position in Schwab U.S. Large-Cap Growth ETF by 758.6% during the fourth quarter. Jones Financial Companies Lllp now owns 301,293 shares of the company’s stock valued at $8,397,000 after acquiring an additional 266,200 shares during the last quarter. Summit Wealth & Retirement Planning Inc. increased its position in Schwab U.S. Large-Cap Growth ETF by 292.7% during the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 1,532,498 shares of the company’s stock valued at $42,711,000 after acquiring an additional 1,142,247 shares during the last quarter. Finally, Burney Co. increased its position in Schwab U.S. Large-Cap Growth ETF by 117.9% during the fourth quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after acquiring an additional 6,313 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Down 2.0 %

Shares of SCHG opened at $24.91 on Friday. The business has a 50-day simple moving average of $27.86 and a two-hundred day simple moving average of $27.18. The stock has a market cap of $34.38 billion, a price-to-earnings ratio of 36.44 and a beta of 1.11. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.68 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.