American Trust Lowers Stock Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

American Trust cut its holdings in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 40.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,425 shares of the company’s stock after selling 27,498 shares during the period. American Trust’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $1,178,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Valpey Financial Services LLC lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 3,085.3% during the 4th quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock worth $245,365,000 after buying an additional 7,752,527 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 655.4% in the fourth quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock worth $215,286,000 after acquiring an additional 5,728,214 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% in the fourth 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. Thrivent Financial for Lutherans increased its position in shares of Schwab U.S. Large-Cap Growth ETF by 7,909.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock worth $101,473,000 after acquiring an additional 3,071,625 shares during the period. Finally, BlueStem Wealth Partners LLC purchased a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $92,090,000.

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

Shares of NYSEARCA SCHG traded up $0.11 during mid-day trading on Friday, hitting $34.65. The company had a trading volume of 6,414,408 shares, compared to its average volume of 14,780,517. The company has a market capitalization of $60.56 billion, a PE ratio of 34.24 and a beta of 1.19. The business’s 50-day simple moving average is $34.02 and its 200 day simple moving average is $32.28. Schwab U.S. Large-Cap Growth ETF has a 1-year low of $27.96 and a 1-year high of $35.42.

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.