Cornerstone Wealth Advisors Inc. Has $53.12 Million Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Cornerstone Wealth Advisors Inc. decreased its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,628,504 shares of the company’s stock after selling 36,741 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 12.4% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 3rd biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $53,122,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Vantagepoint Investment Advisers LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter valued at $511,489,000. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 12.0% during the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after buying an additional 6,651,144 shares during the period. Sei Investments Co. increased its position in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after acquiring an additional 4,524,057 shares during the last quarter. Lido Advisors LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 376.8% during the third quarter. Lido Advisors LLC now owns 2,476,025 shares of the company’s stock valued at $79,010,000 after acquiring an additional 1,956,695 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 22.3% in the second quarter. MML Investors Services LLC now owns 8,643,532 shares of the company’s stock valued at $252,478,000 after acquiring an additional 1,578,072 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 2.4%

Shares of NYSEARCA:SCHG opened at $28.19 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $33.74. The company has a market capitalization of $46.14 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The firm’s 50-day moving average is $30.85 and its 200 day moving average is $31.87.

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.