Angeles Wealth Management LLC Raises Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Angeles Wealth Management LLC increased its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.4% in the 3rd quarter, Holdings Channel reports. The firm owned 2,179,648 shares of the company’s stock after purchasing an additional 91,941 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for approximately 4.3% of Angeles Wealth Management LLC’s holdings, making the stock its 7th biggest position. Angeles Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $69,553,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 653.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock valued at $958,352,000 after buying an additional 28,455,790 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in Schwab U.S. Large-Cap Growth ETF during the 3rd quarter worth $511,489,000. Envestnet Asset Management Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock valued at $1,974,964,000 after acquiring an additional 6,651,144 shares during the last quarter. Sei Investments Co. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% during the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after acquiring an additional 4,524,057 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 22.3% in the 2nd quarter. MML Investors Services LLC now owns 8,643,532 shares of the company’s stock valued at $252,478,000 after purchasing an additional 1,578,072 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.4%

NYSEARCA:SCHG opened at $30.53 on Friday. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $21.37 and a 12-month high of $33.74. The firm has a market capitalization of $49.97 billion, a P/E ratio of 34.24 and a beta of 1.15. The stock’s fifty day simple moving average is $31.70 and its 200-day simple moving average is $31.93.

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.