Burkett Financial Services LLC Cuts Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Burkett Financial Services LLC lessened its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,661,825 shares of the company’s stock after selling 43,877 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up about 18.3% of Burkett Financial Services LLC’s holdings, making the stock its largest position. Burkett Financial Services LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $53,029,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Crews Bank & Trust purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the 3rd quarter valued at $25,000. Westfuller Advisors LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth $26,000. REAP Financial Group LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth $28,000. Bessemer Group Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth $31,000. Finally, Howe & Rusling Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 37.7% in the 3rd quarter. Howe & Rusling Inc. now owns 1,212 shares of the company’s stock worth $39,000 after acquiring an additional 332 shares in the last quarter.

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

Shares of SCHG stock opened at $30.34 on Wednesday. The firm has a 50-day moving average of $31.38 and a 200-day moving average of $31.95. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $33.74. The company has a market cap of $49.66 billion, a P/E ratio of 34.24 and a beta of 1.15.

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.