Rainey & Randall Wealth Advisors Inc. Boosts Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Rainey & Randall Wealth Advisors Inc. increased its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 429.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,069,436 shares of the company’s stock after acquiring an additional 2,490,146 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for approximately 17.0% of Rainey & Randall Wealth Advisors Inc.’s portfolio, making the stock its largest position. Rainey & Randall Wealth Advisors Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $85,545,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the third quarter worth $56,000. Tidemark LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 119.8% in the 3rd quarter. Tidemark LLC now owns 734 shares of the company’s stock valued at $76,000 after buying an additional 400 shares during the period. Valley Wealth Managers Inc. raised its stake in Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Valley Wealth Managers Inc. now owns 904 shares of the company’s stock worth $25,000 after buying an additional 678 shares during the period. Providence Capital Advisors LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the third quarter worth approximately $105,000. Finally, Versant Capital Management Inc lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. Versant Capital Management Inc now owns 1,017 shares of the company’s stock worth $28,000 after purchasing an additional 763 shares in the last quarter.

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

Shares of NYSEARCA SCHG opened at $28.01 on Friday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.68 and a 1 year high of $29.14. The stock has a market capitalization of $8.19 billion, a P/E ratio of 39.82 and a beta of 1.25. The company has a 50-day moving average price of $28.44 and a 200-day moving average price of $27.02.

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.