Leo Wealth LLC Buys Shares of 573,896 Schwab U.S. Large-Cap Growth ETF $SCHG

Leo Wealth LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 573,896 shares of the company’s stock, valued at approximately $18,748,000. Schwab U.S. Large-Cap Growth ETF makes up approximately 1.4% of Leo Wealth LLC’s investment portfolio, making the stock its 18th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. MBA Advisors LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 2.1% during the 4th quarter. MBA Advisors LLC now owns 324,776 shares of the company’s stock worth $10,594,000 after acquiring an additional 6,755 shares during the period. Sowell Financial Services LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 11.5% in the 4th quarter. Sowell Financial Services LLC now owns 43,849 shares of the company’s stock valued at $1,430,000 after purchasing an additional 4,523 shares during the period. Stonebridge Financial Group LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $396,000. Revolve Wealth Partners LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 451,937 shares of the company’s stock worth $14,742,000 after purchasing an additional 3,563 shares in the last quarter. Finally, Secure Asset Management LLC lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 39.2% in the fourth quarter. Secure Asset Management LLC now owns 179,013 shares of the company’s stock worth $5,839,000 after purchasing an additional 50,372 shares in the last quarter.

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

Shares of SCHG opened at $29.42 on Monday. The company has a market capitalization of $48.90 billion, a PE ratio of 34.24 and a beta of 1.15. The company’s 50 day moving average price is $30.55 and its 200 day moving average price is $31.78. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $33.74.

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. 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.