DAVENPORT & Co LLC Acquires 44,646 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

DAVENPORT & Co LLC boosted its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 16.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 316,896 shares of the company’s stock after acquiring an additional 44,646 shares during the period. DAVENPORT & Co LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $10,112,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the second quarter worth approximately $26,000. Atlantic Union Bankshares Corp purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the second quarter worth approximately $29,000. Key Financial Inc boosted its holdings in Schwab U.S. Large-Cap Growth ETF by 148.6% in the second quarter. Key Financial Inc now owns 1,233 shares of the company’s stock worth $36,000 after purchasing an additional 737 shares during the last quarter. Creekmur Asset Management LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 200.3% in the 2nd quarter. Creekmur Asset Management LLC now owns 1,811 shares of the company’s stock worth $53,000 after purchasing an additional 1,208 shares during the period. Finally, Mogy Joel R Investment Counsel Inc. purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at $55,000.

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

NYSEARCA SCHG opened at $33.11 on Thursday. The stock has a market capitalization of $53.80 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $21.37 and a 1-year high of $33.74. The business’s fifty day moving average price is $32.59 and its 200-day moving average price is $31.09.

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.