Turning Point Benefit Group Inc. Makes New $872,000 Investment in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Turning Point Benefit Group Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 31,295 shares of the company’s stock, valued at approximately $872,000. Schwab U.S. Large-Cap Growth ETF makes up approximately 0.8% of Turning Point Benefit Group Inc.’s portfolio, making the stock its 18th biggest position.

Several other institutional investors have also modified their holdings of the company. Element Wealth LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the 4th quarter. Element Wealth LLC now owns 28,316 shares of the company’s stock worth $789,000 after acquiring an additional 21,237 shares in the last quarter. Indie Asset Partners LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 315.5% during the 4th quarter. Indie Asset Partners LLC now owns 72,251 shares of the company’s stock worth $2,014,000 after acquiring an additional 54,862 shares in the last quarter. LifeSteps Financial Inc. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 300.1% during the 4th quarter. LifeSteps Financial Inc. now owns 27,196 shares of the company’s stock worth $758,000 after acquiring an additional 20,398 shares in the last quarter. Lloyd Advisory Services LLC. boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 304.6% during the 4th quarter. Lloyd Advisory Services LLC. now owns 66,760 shares of the company’s stock worth $1,861,000 after acquiring an additional 50,258 shares in the last quarter. Finally, Broadview Financial Management LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 280.8% during the 4th quarter. Broadview Financial Management LLC now owns 119,039 shares of the company’s stock worth $3,318,000 after acquiring an additional 87,777 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 12 month low of $21.68 and a 12 month high of $29.14. The business’s 50 day simple moving average is $28.45 and its 200-day simple moving average is $26.98. The firm has a market capitalization of $8.19 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25.

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.