Schwab U.S. Large-Cap Growth ETF $SCHG Position Decreased by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. decreased its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,665,245 shares of the company’s stock after selling 81,266 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 12.9% of Cornerstone Wealth Advisors Inc.’s investment portfolio, making the stock its 2nd largest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $53,138,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Kennebec Savings Bank lifted its position in Schwab U.S. Large-Cap Growth ETF by 6.6% during the third quarter. Kennebec Savings Bank now owns 5,298 shares of the company’s stock worth $169,000 after buying an additional 328 shares during the period. Inspire Advisors LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.5% during the 2nd quarter. Inspire Advisors LLC now owns 10,038 shares of the company’s stock valued at $293,000 after acquiring an additional 342 shares during the last quarter. Capital Asset Advisory Services LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 4.9% during the 3rd quarter. Capital Asset Advisory Services LLC now owns 7,578 shares of the company’s stock worth $242,000 after acquiring an additional 355 shares during the period. Castleview Partners LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 2.5% in the third quarter. Castleview Partners LLC now owns 14,669 shares of the company’s stock valued at $468,000 after purchasing an additional 360 shares during the period. Finally, GPS Wealth Strategies Group LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 9.8% in the second quarter. GPS Wealth Strategies Group LLC now owns 4,068 shares of the company’s stock valued at $119,000 after purchasing an additional 363 shares during the period.

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

NYSEARCA:SCHG opened at $33.03 on Wednesday. The company has a market cap of $53.67 billion, a P/E ratio of 34.24 and a beta of 1.15. The firm’s 50 day moving average is $32.57 and its two-hundred day moving average is $31.08. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.