Portfolio Design Labs LLC Acquires New Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Portfolio Design Labs LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 8,648 shares of the company’s stock, valued at approximately $241,000.

Other hedge funds have also made changes to their positions in the company. Carnegie Investment Counsel increased its stake 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 valued at $448,000 after acquiring an additional 11,980 shares during the period. Burney Co. grew its position in Schwab U.S. Large-Cap Growth ETF by 117.9% in the fourth quarter. Burney Co. now owns 11,668 shares of the company’s stock worth $325,000 after buying an additional 6,313 shares during the last quarter. Kingsview Wealth Management LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 363.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 421,641 shares of the company’s stock worth $11,751,000 after buying an additional 330,686 shares during the last quarter. Copley Financial Group Inc. acquired a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter worth approximately $278,000. Finally, Summit Wealth & Retirement Planning Inc. grew its position in Schwab U.S. Large-Cap Growth ETF by 292.7% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 1,532,498 shares of the company’s stock worth $42,711,000 after buying an additional 1,142,247 shares during the last quarter.

Schwab U.S. Large-Cap Growth ETF Stock Performance

Schwab U.S. Large-Cap Growth ETF stock opened at $28.54 on Thursday. The firm has a market cap of $8.35 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.68 and a 1 year high of $29.14. The firm’s 50 day moving average price is $28.42 and its two-hundred day moving average price is $26.80.

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.