Schwab U.S. Large-Cap Growth ETF $SCHG is Lowery Thomas LLC’s Largest Position

Lowery Thomas LLC lifted its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 714,198 shares of the company’s stock after purchasing an additional 31,504 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises approximately 13.2% of Lowery Thomas LLC’s holdings, making the stock its largest position. Lowery Thomas LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $22,790,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. increased its position in 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 valued at $1,974,964,000 after buying an additional 6,651,144 shares in the last quarter. Sei Investments Co. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% in the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after acquiring an additional 4,524,057 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 653.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after acquiring an additional 28,455,790 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 6.7% during the second quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock valued at $549,441,000 after acquiring an additional 1,175,660 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at $511,489,000.

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

SCHG opened at $30.91 on Monday. The firm has a market cap of $50.59 billion, a PE ratio of 34.24 and a beta of 1.15. The stock has a 50-day moving average price of $32.07 and a 200-day moving average price of $31.93. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74.

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.