Cutter & CO Brokerage Inc. Boosts Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Cutter & CO Brokerage Inc. raised its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 300.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,505 shares of the company’s stock after purchasing an additional 30,390 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,129,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JFG Wealth Management LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 300.4% in the 4th quarter. JFG Wealth Management LLC now owns 51,428 shares of the company’s stock worth $1,433,000 after purchasing an additional 38,585 shares during the period. Provident Wealth Management LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 310.9% in the 4th quarter. Provident Wealth Management LLC now owns 1,286,419 shares of the company’s stock worth $35,852,000 after purchasing an additional 973,317 shares during the period. Ackerman Capital Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 289.1% during the fourth quarter. Ackerman Capital Advisors LLC now owns 642,910 shares of the company’s stock worth $17,918,000 after acquiring an additional 477,678 shares during the period. Summit Wealth Group LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. Summit Wealth Group LLC now owns 8,456 shares of the company’s stock worth $236,000 after acquiring an additional 6,342 shares during the period. Finally, Tull Financial Group Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $211,000.

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

Shares of NYSEARCA:SCHG opened at $27.39 on Wednesday. The firm has a market cap of $37.80 billion, a PE ratio of 36.44 and a beta of 1.11. The firm’s 50 day simple moving average is $28.38 and its 200-day simple moving average is $27.12. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.68 and a one year high of $29.14.

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.