Stratos Wealth Advisors LLC Lowers Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Stratos Wealth Advisors LLC reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 743,274 shares of the company’s stock after selling 23,384 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 1.1% of Stratos Wealth Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Stratos Wealth Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $23,718,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after buying an additional 28,455,790 shares during the period. Vantagepoint Investment Advisers LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the third quarter worth about $511,489,000. Envestnet Asset Management Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% in the second quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock worth $1,613,576,000 after purchasing an additional 6,979,991 shares during the last quarter. Sei Investments Co. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 11.0% during the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after purchasing an additional 4,524,057 shares during the period. Finally, Triton Wealth Management PLLC bought a new position in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at approximately $48,445,000.

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

Shares of SCHG stock opened at $31.28 on Wednesday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74. The firm has a market cap of $51.20 billion, a P/E ratio of 34.24 and a beta of 1.15. The business’s 50 day moving average price is $32.42 and its 200-day moving average price is $31.90.

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. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.