BLB&B Advisors LLC Lowers Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

BLB&B Advisors LLC lowered its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 11.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 305,160 shares of the company’s stock after selling 40,180 shares during the quarter. BLB&B Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $9,738,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHG. Crews Bank & Trust bought a new stake in Schwab U.S. Large-Cap Growth ETF in the third quarter worth $25,000. Westfuller Advisors LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at $26,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth about $26,000. Atlantic Union Bankshares Corp bought a new position in Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth about $29,000. Finally, Key Financial Inc boosted its stake in Schwab U.S. Large-Cap Growth ETF by 148.6% in the 2nd quarter. Key Financial Inc now owns 1,233 shares of the company’s stock worth $36,000 after purchasing an additional 737 shares in the last quarter.

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

Shares of SCHG stock opened at $32.31 on Friday. The company has a market capitalization of $52.90 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a one year low of $21.37 and a one year high of $33.74. The company’s 50-day moving average is $32.53 and its 200 day moving average is $31.71.

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. 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.