Capital Wealth Management LLC Acquires 424,983 Shares of Schwab U.S. Large-Cap Growth ETF $SCHG

Capital Wealth Management LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 394.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 532,783 shares of the company’s stock after buying an additional 424,983 shares during the period. Schwab U.S. Large-Cap Growth ETF accounts for about 4.2% of Capital Wealth Management LLC’s portfolio, making the stock its 12th largest holding. Capital Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $15,520,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC grew its stake in Schwab U.S. Large-Cap Growth ETF by 1,922.6% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after purchasing an additional 1,019 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at approximately $49,000. Kingdom Financial Group LLC. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $49,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $49,000.

Schwab U.S. Large-Cap Growth ETF Stock Down 1.4%

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $33.02 on Wednesday. The stock has a market cap of $55.81 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a 12-month low of $27.96 and a 12-month high of $35.42. The business’s 50 day moving average is $33.63 and its 200-day moving average is $32.16.

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.