Hidden Cove Wealth Management LLC Takes Position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Hidden Cove Wealth Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 23,815 shares of the company’s stock, valued at approximately $664,000. Schwab U.S. Large-Cap Growth ETF makes up approximately 0.5% of Hidden Cove Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHG. Koshinski Asset Management Inc. boosted 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 buying an additional 1,563,337,456 shares in the last quarter. Mather Group LLC. lifted its position in Schwab U.S. Large-Cap Growth ETF by 301.4% during the 4th quarter. Mather Group LLC. now owns 39,195,946 shares of the company’s stock valued at $1,092,391,000 after acquiring an additional 29,430,979 shares during the period. Sei Investments Co. lifted its position in Schwab U.S. Large-Cap Growth ETF by 5.0% during the 3rd quarter. Sei Investments Co. now owns 9,556,995 shares of the company’s stock valued at $995,648,000 after acquiring an additional 452,814 shares during the period. McAdam LLC boosted its stake in Schwab U.S. Large-Cap Growth ETF by 312.3% during the fourth quarter. McAdam LLC now owns 7,620,902 shares of the company’s stock worth $212,395,000 after acquiring an additional 5,772,375 shares in the last quarter. Finally, Thrive Wealth Management LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF by 300.4% in the fourth quarter. Thrive Wealth Management LLC now owns 5,128,931 shares of the company’s stock worth $142,943,000 after purchasing an additional 3,848,061 shares during the period.

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

Shares of NYSEARCA SCHG opened at $28.54 on Thursday. The company has a 50 day simple moving average of $28.42 and a two-hundred day simple moving average of $26.80. 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 company has a market capitalization of $8.35 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25.

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.