Schwab U.S. Large-Cap Growth ETF $SCHG Shares Acquired by Meridian Wealth Management LLC

Meridian Wealth Management LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 854,002 shares of the company’s stock after purchasing an additional 26,337 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 1.0% of Meridian Wealth Management LLC’s portfolio, making the stock its 19th largest holding. Meridian Wealth Management LLC owned approximately 0.05% of Schwab U.S. Large-Cap Growth ETF worth $27,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after purchasing an additional 6,651,144 shares during the last quarter. Vantagepoint Investment Advisers LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 6.5% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock worth $556,742,000 after purchasing an additional 1,038,388 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 8.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 16,720,317 shares of the company’s stock worth $533,385,000 after purchasing an additional 1,261,913 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 3.3% during the 2nd quarter. Raymond James Financial Inc. now owns 15,317,027 shares of the company’s stock worth $447,410,000 after purchasing an additional 494,865 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 9.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 10,027,556 shares of the company’s stock worth $319,979,000 after purchasing an additional 840,550 shares during the last quarter.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $34.13 on Tuesday. The stock has a market cap of $57.69 billion, a P/E ratio of 34.24 and a beta of 1.19. The stock’s 50 day simple moving average is $31.03 and its 200-day simple moving average is $31.83. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $26.66 and a 1-year high of $34.26.

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.