NewEdge Wealth LLC Decreases Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

NewEdge Wealth LLC trimmed its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 34.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 38,223 shares of the company’s stock after selling 20,023 shares during the period. NewEdge Wealth LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SCHG. Advisortrust Partners LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the first quarter worth about $25,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $27,000. Center for Financial Planning Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth approximately $28,000. Cary Street Partners Investment Advisory LLC increased its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after purchasing an additional 1,019 shares in the last quarter. Finally, MBM Wealth Consultants LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth approximately $48,000.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $33.58 on Tuesday. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.96 and a 1 year high of $35.42. The business has a 50 day moving average price of $34.06 and a 200 day moving average price of $32.37. The company has a market capitalization of $58.75 billion, a P/E ratio of 34.24 and a beta of 1.19.

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.