Gateway Wealth Partners LLC Takes $447,000 Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Gateway Wealth Partners LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,357 shares of the company’s stock, valued at approximately $447,000.

Several other institutional investors and hedge funds have also bought and sold shares of SCHG. Foundations Investment Advisors LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 482,907 shares of the company’s stock valued at $15,752,000 after acquiring an additional 47,368 shares during the last quarter. Simplicity Wealth LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 13.8% in the fourth quarter. Simplicity Wealth LLC now owns 342,626 shares of the company’s stock worth $11,176,000 after purchasing an additional 41,469 shares during the last quarter. Dravo Bay LLC grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 2.6% in the fourth quarter. Dravo Bay LLC now owns 1,213,888 shares of the company’s stock worth $39,597,000 after purchasing an additional 30,487 shares during the last quarter. WBH Advisory Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 3.2% in the fourth quarter. WBH Advisory Inc. now owns 830,325 shares of the company’s stock worth $27,085,000 after purchasing an additional 25,596 shares during the last quarter. Finally, XML Financial LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 8.6% during the 1st quarter. XML Financial LLC now owns 1,631,157 shares of the company’s stock valued at $47,516,000 after purchasing an additional 129,500 shares during the period.

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

Shares of NYSEARCA:SCHG opened at $34.17 on Friday. The stock’s 50-day moving average is $34.02 and its 200 day moving average is $32.40. The company has a market cap of $59.84 billion, a PE ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.96 and a 1 year high of $35.42.

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.