Spartan Wealth Advisory Services LLC Invests $810,000 in Schwab U.S. Large-Cap Growth ETF $SCHG

Spartan Wealth Advisory Services LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 27,811 shares of the company’s stock, valued at approximately $810,000.

Several other institutional investors have also recently made changes to their positions in the business. Valpey Financial Services LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 3,085.3% in the fourth quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after purchasing an additional 7,752,527 shares during the last quarter. Focus Partners Wealth raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 655.4% during the 4th quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock valued at $215,286,000 after buying an additional 5,728,214 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after buying an additional 3,230,427 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 7,909.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after buying an additional 3,071,625 shares during the period. Finally, BlueStem Wealth Partners LLC acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $92,090,000.

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

Shares of SCHG opened at $34.18 on Monday. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.96 and a 52 week high of $35.42. The company has a market capitalization of $59.80 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The stock’s 50-day moving average price is $34.11 and its 200-day moving average price is $32.33.

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.