Financial Engines Advisors L.L.C. Acquires 28,538,409 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Financial Engines Advisors L.L.C. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 253.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 39,788,567 shares of the company’s stock after purchasing an additional 28,538,409 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 2.3% of Financial Engines Advisors L.L.C.’s portfolio, making the stock its 17th largest position. Financial Engines Advisors L.L.C. owned 13.60% of Schwab U.S. Large-Cap Growth ETF worth $1,108,907,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Carnegie Investment Counsel lifted its position in shares of 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 worth $448,000 after purchasing an additional 11,980 shares in the last quarter. HighMark Wealth Management LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 300.2% during the 4th quarter. HighMark Wealth Management LLC now owns 2,045 shares of the company’s stock worth $57,000 after buying an additional 1,534 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 758.6% during the 4th quarter. Jones Financial Companies Lllp now owns 301,293 shares of the company’s stock worth $8,397,000 after buying an additional 266,200 shares in the last quarter. Summit Wealth & Retirement Planning Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 292.7% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 1,532,498 shares of the company’s stock valued at $42,711,000 after buying an additional 1,142,247 shares during the last quarter. Finally, Burney Co. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 117.9% in the 4th quarter. Burney Co. now owns 11,668 shares of the company’s stock valued at $325,000 after buying an additional 6,313 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.6 %

Shares of SCHG opened at $26.46 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.68 and a 12-month high of $29.14. The firm has a market capitalization of $36.51 billion, a PE ratio of 31.74 and a beta of 1.13. The stock’s fifty day simple moving average is $27.50 and its 200-day simple moving average is $27.25.

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.