Axxcess Wealth Management LLC Boosts Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Axxcess Wealth Management LLC grew its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 30.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,473 shares of the company’s stock after purchasing an additional 19,485 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $2,432,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its position 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 worth $1,231,238,000 after acquiring an additional 3,230,427 shares in the last quarter. LPL Financial LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 7.8% in the fourth quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock valued at $1,114,516,000 after purchasing an additional 2,464,714 shares during the last quarter. Mariner LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 12.5% in the fourth quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock worth $654,968,000 after purchasing an additional 2,229,203 shares in the last quarter. Vantagepoint Investment Advisers LLC raised its holdings 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 worth $556,742,000 after purchasing an additional 1,038,388 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Schwab U.S. Large-Cap Growth ETF by 10.2% during the fourth quarter. Cetera Investment Advisers now owns 16,960,267 shares of the company’s stock valued at $553,244,000 after buying an additional 1,572,946 shares during the last quarter.

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

NYSEARCA:SCHG opened at $34.23 on Thursday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.96 and a fifty-two week high of $35.42. The stock has a market capitalization of $59.78 billion, a P/E ratio of 34.24 and a beta of 1.19. The company’s 50-day simple moving average is $33.95 and its 200-day simple moving average is $32.25.

Schwab U.S. Large-Cap Growth ETF 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.