Meriwether Wealth & Planning LLC Invests $16.12 Million in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Meriwether Wealth & Planning LLC purchased a new position 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 and Exchange Commission (SEC). The fund purchased 578,486 shares of the company’s stock, valued at approximately $16,122,000. Schwab U.S. Large-Cap Growth ETF comprises 11.5% of Meriwether Wealth & Planning LLC’s investment portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Johnson Investment Counsel Inc. grew its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 436.5% during the fourth quarter. Johnson Investment Counsel Inc. now owns 933,150 shares of the company’s stock worth $26,007,000 after purchasing an additional 759,209 shares during the last quarter. Lowery Thomas LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF by 308.9% in the fourth quarter. Lowery Thomas LLC now owns 686,046 shares of the company’s stock valued at $19,120,000 after buying an additional 518,270 shares during the period. G2 Capital Management LLC OH raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 300.0% during the fourth quarter. G2 Capital Management LLC OH now owns 16,092 shares of the company’s stock worth $448,000 after purchasing an additional 12,069 shares during the period. New Insight Wealth Advisors raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 297.0% during the fourth quarter. New Insight Wealth Advisors now owns 20,875 shares of the company’s stock worth $582,000 after purchasing an additional 15,617 shares during the period. Finally, REDW Wealth LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 269.0% during the fourth quarter. REDW Wealth LLC now owns 15,212 shares of the company’s stock worth $424,000 after purchasing an additional 11,089 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Up 0.3 %

Shares of NYSEARCA:SCHG opened at $26.17 on Monday. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.68 and a twelve month high of $29.14. The stock’s 50 day moving average is $28.09 and its 200-day moving average is $27.21. The firm has a market capitalization of $36.11 billion, a price-to-earnings ratio of 36.44 and a beta of 1.11.

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.