Truepoint Inc. Has $7.54 Million Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Truepoint Inc. reduced its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 7.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 231,104 shares of the company’s stock after selling 19,007 shares during the period. Truepoint Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $7,539,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth approximately $31,000. Cary Street Partners Investment Advisory LLC raised its holdings in 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 buying an additional 1,019 shares during the period. Manning & Napier Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $49,000. Kingdom Financial Group LLC. acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $49,000. Finally, REAP Financial Group LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 70.8% during the 4th quarter. REAP Financial Group LLC now owns 1,520 shares of the company’s stock worth $50,000 after buying an additional 630 shares during the period.

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

Shares of SCHG stock opened at $32.87 on Thursday. The company has a market capitalization of $55.56 billion, a P/E ratio of 34.24 and a beta of 1.19. The company’s 50 day moving average price is $32.93 and its two-hundred day moving average price is $32.09. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $27.68 and a 52 week high of $35.42.

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.