Yoffe Investment Management LLC Purchases Shares of 60,560 Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Yoffe Investment Management LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 60,560 shares of the company’s stock, valued at approximately $1,688,000. Schwab U.S. Large-Cap Growth ETF accounts for 1.7% of Yoffe Investment Management LLC’s investment portfolio, making the stock its 11th biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Koshinski Asset Management Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 324,108.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 1,563,819,806 shares of the company’s stock valued at $43,583,658,000 after acquiring an additional 1,563,337,456 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 253.7% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 39,788,567 shares of the company’s stock worth $1,108,907,000 after purchasing an additional 28,538,409 shares in the last quarter. Mather Group LLC. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 301.4% in the fourth quarter. Mather Group LLC. now owns 39,195,946 shares of the company’s stock worth $1,092,391,000 after buying an additional 29,430,979 shares during the period. Sei Investments Co. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 299.3% in the fourth quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock valued at $1,063,494,000 after buying an additional 28,602,115 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 413.7% during the 4th quarter. LPL Financial LLC now owns 22,053,161 shares of the company’s stock valued at $614,622,000 after buying an additional 17,759,913 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 5.6 %

NYSEARCA SCHG opened at $24.04 on Friday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.68 and a fifty-two week high of $29.14. The business has a 50 day moving average price of $27.05 and a two-hundred day moving average price of $27.23. The stock has a market cap of $33.42 billion, a PE ratio of 31.89 and a beta of 1.13.

Schwab U.S. Large-Cap Growth ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were issued a dividend of $0.0272 per share. The ex-dividend date was Wednesday, March 26th.

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.