Avion Wealth Acquires 24,028 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Avion Wealth grew its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1,820.3% in the 1st quarter, Holdings Channel reports. The fund owned 25,348 shares of the company’s stock after purchasing an additional 24,028 shares during the quarter. Avion Wealth’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $738,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SCHG. Valpey Financial Services LLC increased its stake in Schwab U.S. Large-Cap Growth ETF by 3,085.3% during the fourth quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock valued at $245,365,000 after acquiring an additional 7,752,527 shares during the period. Focus Partners Wealth boosted its stake in Schwab U.S. Large-Cap Growth ETF by 655.4% during the fourth quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock worth $215,286,000 after buying an additional 5,728,214 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Schwab U.S. Large-Cap Growth ETF by 9.4% during 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 buying an additional 3,230,427 shares in the last quarter. Thrivent Financial for Lutherans increased its holdings in Schwab U.S. Large-Cap Growth ETF by 7,909.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock valued at $101,473,000 after buying an additional 3,071,625 shares during the period. Finally, BlueStem Wealth Partners LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at $92,090,000.

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

Shares of SCHG stock opened at $34.65 on Monday. The firm has a fifty day moving average of $34.02 and a 200-day moving average of $32.27. The stock has a market cap of $60.56 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $27.96 and a 52-week 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.