Main Street Financial Solutions LLC Has $48.27 Million Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Main Street Financial Solutions LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 323.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,731,835 shares of the company’s stock after buying an additional 1,322,382 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 4.8% of Main Street Financial Solutions LLC’s investment portfolio, making the stock its 2nd biggest holding. Main Street Financial Solutions LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $48,266,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Koshinski Asset Management Inc. increased its position in 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 buying an additional 1,563,337,456 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 288.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 42,485,323 shares of the company’s stock valued at $1,184,066,000 after acquiring an additional 31,546,654 shares in the last quarter. Financial Engines Advisors L.L.C. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 253.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 39,788,567 shares of the company’s stock valued at $1,108,907,000 after purchasing an additional 28,538,409 shares during the last quarter. Mather Group LLC. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 301.4% in the 4th quarter. Mather Group LLC. now owns 39,195,946 shares of the company’s stock worth $1,092,391,000 after purchasing an additional 29,430,979 shares in the last quarter. Finally, Sei Investments Co. grew its position in Schwab U.S. Large-Cap Growth ETF by 299.3% during the 4th quarter. Sei Investments Co. now owns 38,159,110 shares of the company’s stock worth $1,063,494,000 after purchasing an additional 28,602,115 shares during the last quarter.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $24.52 on Wednesday. The firm’s 50 day simple moving average is $26.08 and its two-hundred day simple moving average is $27.09. The firm has a market capitalization of $34.08 billion, a price-to-earnings ratio of 31.89 and a beta of 1.13. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $29.14.

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

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

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.