Bauman Advisory Group LLC Invests $7.84 Million in Schwab U.S. Large-Cap Growth ETF $SCHG

Bauman Advisory Group LLC bought a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the fourth quarter, HoldingsChannel reports. The fund bought 240,386 shares of the company’s stock, valued at approximately $7,841,000. Schwab U.S. Large-Cap Growth ETF accounts for 6.3% of Bauman Advisory Group LLC’s investment portfolio, making the stock its 3rd biggest position.

A number of other institutional investors also recently bought and sold shares of SCHG. Waterford Advisors LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 1,073.6% during the fourth quarter. Waterford Advisors LLC now owns 147,643 shares of the company’s stock valued at $4,816,000 after purchasing an additional 135,063 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth about $49,000. WealthPoint Financial LLC purchased a new stake in Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth about $2,406,000. Van Diest Capital LLC bought a new position in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter worth about $299,000. Finally, Michels Family Financial LLC raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 4.3% in the fourth quarter. Michels Family Financial LLC now owns 74,912 shares of the company’s stock worth $2,444,000 after buying an additional 3,089 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Up 1.3%

SCHG stock opened at $33.90 on Friday. The business’s 50-day moving average price is $33.45 and its 200-day moving average price is $32.15. The stock has a market cap of $57.30 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $27.68 and a twelve month 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.