Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Short Interest Down 23.3% in April

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 2,156,578 shares, a decline of 23.3% from the March 31st total of 2,810,612 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 17,116,199 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Growth ETF

Institutional investors have recently bought and sold shares of the business. Flagship Wealth Advisors LLC boosted its position in Schwab U.S. Large-Cap Growth ETF by 50.5% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 203,727 shares of the company’s stock worth $6,501,000 after purchasing an additional 68,389 shares in the last quarter. Fortis Capital Advisors LLC increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.8% during the 3rd quarter. Fortis Capital Advisors LLC now owns 1,016,583 shares of the company’s stock valued at $32,439,000 after purchasing an additional 17,522 shares in the last quarter. D.B. Root & Company LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 10.9% in the 3rd quarter. D.B. Root & Company LLC now owns 243,695 shares of the company’s stock valued at $7,776,000 after purchasing an additional 23,865 shares during the period. Fingerlakes Wealth Management Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 11.9% in the 3rd quarter. Fingerlakes Wealth Management Inc. now owns 218,248 shares of the company’s stock valued at $6,964,000 after purchasing an additional 23,155 shares during the period. Finally, B. Riley Wealth Advisors Inc. boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 44.1% during the third quarter. B. Riley Wealth Advisors Inc. now owns 108,307 shares of the company’s stock worth $3,456,000 after buying an additional 33,155 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.6%

Shares of SCHG stock traded down $0.21 during mid-day trading on Wednesday, reaching $32.56. The stock had a trading volume of 4,190,356 shares, compared to its average volume of 17,103,033. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $24.71 and a 1-year high of $33.74. The firm has a market cap of $53.94 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. The business’s fifty day moving average is $30.65 and its 200-day moving average is $31.75.

About Schwab U.S. Large-Cap Growth ETF

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.