Dravo Bay LLC Raises Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Dravo Bay LLC raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,442 shares of the company’s stock after purchasing an additional 1,247 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 2.3% of Dravo Bay LLC’s holdings, making the stock its 13th largest holding. Dravo Bay LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $4,078,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fairfield Financial Advisors LTD purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter valued at about $25,000. Tidemark LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 4th quarter worth approximately $28,000. MTM Investment Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 1st quarter valued at approximately $32,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter valued at approximately $35,000. Finally, Pineridge Advisors LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 45.7% in the first quarter. Pineridge Advisors LLC now owns 386 shares of the company’s stock worth $36,000 after purchasing an additional 121 shares during the period.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.4 %

SCHG opened at $101.38 on Tuesday. The company has a market cap of $29.65 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The stock has a fifty day simple moving average of $99.89 and a two-hundred day simple moving average of $96.40. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $69.78 and a 12-month high of $105.74.

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.