SVB Wealth LLC Raises Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

SVB Wealth LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 2.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,690 shares of the company’s stock after acquiring an additional 651 shares during the quarter. SVB Wealth LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,382,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Apollon Wealth Management LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 50.6% in the 4th quarter. Apollon Wealth Management LLC now owns 291,849 shares of the company’s stock valued at $24,212,000 after purchasing an additional 98,011 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 6.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 13,070 shares of the company’s stock valued at $1,084,000 after purchasing an additional 762 shares in the last quarter. Townsend Asset Management Corp NC ADV raised its position in Schwab U.S. Large-Cap Growth ETF by 2.3% in the 4th quarter. Townsend Asset Management Corp NC ADV now owns 32,195 shares of the company’s stock valued at $2,671,000 after purchasing an additional 727 shares in the last quarter. Able Wealth Management LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at about $50,000. Finally, Verdence Capital Advisors LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 2.9% in the 4th quarter. Verdence Capital Advisors LLC now owns 128,877 shares of the company’s stock valued at $10,692,000 after purchasing an additional 3,665 shares in the last quarter.

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

Shares of NYSEARCA SCHG traded down $0.21 during midday trading on Tuesday, hitting $98.22. 270,243 shares of the company’s stock were exchanged, compared to its average volume of 1,403,210. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $69.78 and a twelve month high of $105.74. The company has a market cap of $28.73 billion, a PE ratio of 39.82 and a beta of 1.25. The firm’s fifty day simple moving average is $99.87 and its 200-day simple moving average is $93.61.

Schwab U.S. Large-Cap Growth ETF Company 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.