Schwab U.S. Large-Cap Growth ETF $SCHG is Charles Schwab Trust Co’s 6th Largest Position

Charles Schwab Trust Co grew its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 20.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,310,654 shares of the company’s stock after purchasing an additional 385,751 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for 4.4% of Charles Schwab Trust Co’s portfolio, making the stock its 6th biggest position. Charles Schwab Trust Co’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $78,193,000 as of its most recent SEC filing.

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

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $35.83 on Tuesday. The firm’s fifty day simple moving average is $34.10 and its 200-day simple moving average is $32.53. The stock has a market capitalization of $62.86 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $35.92.

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.