Fountainhead AM LLC Buys 6,596 Shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Fountainhead AM LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 232,898 shares of the company’s stock after buying an additional 6,596 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for 5.3% of Fountainhead AM LLC’s investment portfolio, making the stock its 5th largest position. Fountainhead AM LLC owned 0.09% of Schwab U.S. Large-Cap Growth ETF worth $19,321,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 4,332.1% in the fourth quarter. International Assets Investment Management LLC now owns 483,493 shares of the company’s stock valued at $40,111,000 after purchasing an additional 472,584 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $23,876,000. Cerity Partners LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 62.1% in the 4th quarter. Cerity Partners LLC now owns 802,058 shares of the company’s stock valued at $66,538,000 after buying an additional 307,228 shares during the period. Visionary Horizons LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at $18,033,000. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,321,295 shares of the company’s stock valued at $459,673,000 after buying an additional 198,814 shares during the period.

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

Shares of SCHG stock traded up $1.51 on Tuesday, hitting $89.38. The stock had a trading volume of 1,575,918 shares, compared to its average volume of 1,482,139. The firm has a market capitalization of $25.99 billion, a P/E ratio of 41.12 and a beta of 1.25. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $63.57 and a 1 year high of $93.84. The company’s 50 day moving average price is $91.16 and its 200-day moving average price is $84.23.

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.