Brookstone Capital Management Has $8.63 Million Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

Brookstone Capital Management reduced its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 10.2% in the 4th quarter, HoldingsChannel reports. The firm owned 264,538 shares of the company’s stock after selling 29,921 shares during the period. Brookstone Capital Management’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $8,629,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter worth approximately $511,489,000. Envestnet Asset Management Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% in the third 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. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% in the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after acquiring an additional 4,524,057 shares in the last quarter. Lido Advisors LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 376.8% in the 3rd quarter. Lido Advisors LLC now owns 2,476,025 shares of the company’s stock worth $79,010,000 after acquiring an additional 1,956,695 shares in the last quarter. Finally, MML Investors Services LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 22.3% during the 2nd quarter. MML Investors Services LLC now owns 8,643,532 shares of the company’s stock worth $252,478,000 after acquiring an additional 1,578,072 shares during the last quarter.

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

Shares of SCHG opened at $29.13 on Wednesday. The company has a market cap of $47.68 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. The stock has a fifty day moving average price of $30.71 and a two-hundred day moving average price of $31.83. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $21.37 and a 52-week high of $33.74.

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.