HB Wealth Management LLC Cuts Position in Schwab U.S. Large-Cap Growth ETF $SCHG

HB Wealth Management LLC decreased its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,737,859 shares of the company’s stock after selling 96,859 shares during the quarter. HB Wealth Management LLC owned 0.11% of Schwab U.S. Large-Cap Growth ETF worth $50,624,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SCHG. Charles Schwab Investment Management Inc. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after buying an additional 3,230,427 shares in the last quarter. LPL Financial LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 7.8% during the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock worth $1,114,516,000 after acquiring an additional 2,464,714 shares in the last quarter. Mariner LLC raised its stake in Schwab U.S. Large-Cap Growth ETF by 12.5% during the 4th quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock worth $654,968,000 after acquiring an additional 2,229,203 shares in the last quarter. Vantagepoint Investment Advisers LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 6.5% in the fourth quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock valued at $556,742,000 after acquiring an additional 1,038,388 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Schwab U.S. Large-Cap Growth ETF by 10.2% in the fourth quarter. Cetera Investment Advisers now owns 16,960,267 shares of the company’s stock valued at $553,244,000 after acquiring an additional 1,572,946 shares in the last quarter.

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

Shares of SCHG stock opened at $34.12 on Friday. The stock’s 50-day moving average is $33.85 and its two-hundred day moving average is $32.20. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $27.96 and a 1 year high of $35.42. The firm has a market cap of $59.52 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.

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.