Ocean Park Asset Management LLC Takes $2.75 Million Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Ocean Park Asset Management LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 84,396 shares of the company’s stock, valued at approximately $2,753,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Centennial Wealth Advisory LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth $201,000. Matthew Goff Investment Advisor LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter valued at about $2,546,000. Donaldson Capital Management LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 18.0% during the 4th quarter. Donaldson Capital Management LLC now owns 695,380 shares of the company’s stock valued at $22,683,000 after purchasing an additional 105,921 shares in the last quarter. WESPAC Advisors LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 151.9% during the fourth quarter. WESPAC Advisors LLC now owns 87,684 shares of the company’s stock valued at $2,860,000 after buying an additional 52,870 shares during the period. Finally, Keystone Global Partners LLC increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 21.8% during the fourth quarter. Keystone Global Partners LLC now owns 698,832 shares of the company’s stock valued at $22,796,000 after buying an additional 125,144 shares during the period.

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

SCHG stock opened at $28.19 on Monday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74. The firm has a 50-day moving average of $30.85 and a 200 day moving average of $31.87. The company has a market cap of $46.14 billion, a P/E ratio of 34.24 and a beta of 1.15.

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.