Pacific Wealth Strategies Group Inc. Buys 201,216 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Pacific Wealth Strategies Group Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 45.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 642,994 shares of the company’s stock after acquiring an additional 201,216 shares during the period. Schwab U.S. Large-Cap Growth ETF makes up 11.7% of Pacific Wealth Strategies Group Inc.’s investment portfolio, making the stock its 2nd biggest holding. Pacific Wealth Strategies Group Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $18,730,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Advisortrust Partners LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at approximately $25,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $27,000. Center for Financial Planning Inc. acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter worth $28,000. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock worth $35,000 after purchasing an additional 1,019 shares during the period. Finally, MBM Wealth Consultants LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at $48,000.

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

Shares of SCHG opened at $34.18 on Monday. The stock has a market capitalization of $59.80 billion, a P/E ratio of 34.24 and a beta of 1.19. The company’s fifty day moving average is $34.11 and its two-hundred day moving average is $32.33. 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 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.