Palouse Capital Management Inc. Cuts Stock Holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Palouse Capital Management Inc. cut its stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 8.7% in the first quarter, Holdings Channel.com reports. The firm owned 6,741 shares of the company’s stock after selling 640 shares during the quarter. Palouse Capital Management Inc.’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $169,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SCHG. Capital & Planning LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 292.3% in the fourth quarter. Capital & Planning LLC now owns 1,138,646 shares of the company’s stock valued at $31,734,000 after purchasing an additional 848,370 shares in the last quarter. Ironwood Wealth Management LLC. grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 306.5% in the fourth quarter. Ironwood Wealth Management LLC. now owns 17,143 shares of the company’s stock valued at $478,000 after purchasing an additional 12,926 shares in the last quarter. LaFleur & Godfrey LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 299.6% in the fourth quarter. LaFleur & Godfrey LLC now owns 13,553 shares of the company’s stock worth $378,000 after acquiring an additional 10,161 shares during the period. Eagle Capital Management LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 297.9% in the fourth quarter. Eagle Capital Management LLC now owns 193,813 shares of the company’s stock worth $5,402,000 after acquiring an additional 145,100 shares during the period. Finally, Brighton Jones LLC grew its position in Schwab U.S. Large-Cap Growth ETF by 300.3% in the fourth quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock worth $340,000 after acquiring an additional 9,139 shares during the period.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $27.89 on Friday. The firm has a market capitalization of $41.84 billion, a price-to-earnings ratio of 32.34 and a beta of 1.16. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $29.14. The stock has a 50 day moving average of $26.21 and a 200 day moving average of $27.03.

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.