Cypress Financial Planning LLC Takes $3.26 Million Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Cypress Financial Planning LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the fourth quarter, Holdings Channel.com reports. The firm purchased 99,854 shares of the company’s stock, valued at approximately $3,257,000. Schwab U.S. Large-Cap Growth ETF makes up about 0.9% of Cypress Financial Planning LLC’s investment portfolio, making the stock its 17th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Guardian Financial Partners LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1.1% during the fourth quarter. Guardian Financial Partners LLC now owns 193,253 shares of the company’s stock valued at $6,304,000 after acquiring an additional 2,100 shares during the period. First County Bank CT increased its position in Schwab U.S. Large-Cap Growth ETF by 5.8% in the fourth quarter. First County Bank CT now owns 58,900 shares of the company’s stock worth $1,921,000 after purchasing an additional 3,238 shares during the period. Exchange Traded Concepts LLC increased its position in Schwab U.S. Large-Cap Growth ETF by 15.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,764,116 shares of the company’s stock worth $57,545,000 after purchasing an additional 237,594 shares during the period. True Vision MN LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 0.6% during the 4th quarter. True Vision MN LLC now owns 85,311 shares of the company’s stock worth $2,783,000 after purchasing an additional 522 shares during the last quarter. Finally, KMG Fiduciary Partners LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 0.4% during the 4th quarter. KMG Fiduciary Partners LLC now owns 109,868 shares of the company’s stock worth $3,584,000 after purchasing an additional 492 shares during the last quarter.

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

Schwab U.S. Large-Cap Growth ETF stock opened at $28.19 on Friday. The company has a market cap of $46.14 billion, a PE ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74. The company’s 50-day moving average is $30.85 and its two-hundred day moving average is $31.87.

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. 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.