Schwab U.S. Large-Cap Growth ETF $SCHG Shares Bought by BIP Wealth LLC

BIP Wealth LLC boosted its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 9.4% during the 1st quarter, Holdings Channel.com reports. The fund owned 1,946,533 shares of the company’s stock after buying an additional 167,030 shares during the quarter. Schwab U.S. Large-Cap Growth ETF comprises 2.3% of BIP Wealth LLC’s investment portfolio, making the stock its 8th largest holding. BIP Wealth LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $56,703,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 300.3% during the 4th quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock worth $340,000 after buying an additional 9,139 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 294.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock valued at $13,416,000 after purchasing an additional 359,429 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 19.6% during the first quarter. AQR Capital Management LLC now owns 129,643 shares of the company’s stock worth $3,246,000 after buying an additional 21,234 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 285.9% during the first quarter. Goldman Sachs Group Inc. now owns 520,761 shares of the company’s stock worth $13,040,000 after buying an additional 385,822 shares during the period. Finally, First Trust Advisors LP bought a new position in shares of Schwab U.S. Large-Cap Growth ETF during the second quarter worth about $248,000.

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

SCHG opened at $34.12 on Friday. The business’s 50-day simple moving average is $33.85 and its 200 day simple moving average is $32.20. Schwab U.S. Large-Cap Growth ETF has a 52-week low of $27.96 and a 52-week high of $35.42. The firm has a market capitalization of $59.52 billion, a PE ratio of 34.24 and a beta of 1.19.

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.