Beacon Bridge Wealth Partners LLC Has $6.62 Million Holdings in Schwab U.S. Large-Cap Growth ETF $SCHG

Beacon Bridge Wealth Partners LLC cut its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 1.5% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 226,496 shares of the company’s stock after selling 3,461 shares during the quarter. Schwab U.S. Large-Cap Growth ETF accounts for 2.6% of Beacon Bridge Wealth Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Beacon Bridge Wealth Partners LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $6,616,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in SCHG. Envestnet Asset Management Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 13.6% during the first quarter. Envestnet Asset Management Inc. now owns 48,260,555 shares of the company’s stock worth $1,208,444,000 after purchasing an additional 5,775,232 shares during the period. Mather Group LLC. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 4.5% during the second quarter. Mather Group LLC. now owns 42,286,978 shares of the company’s stock worth $1,235,203,000 after purchasing an additional 1,836,380 shares during the period. LPL Financial LLC raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 11.6% during the first quarter. LPL Financial LLC now owns 24,607,170 shares of the company’s stock worth $616,163,000 after purchasing an additional 2,554,009 shares during the period. Ameriprise Financial Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 7.7% during the first quarter. Ameriprise Financial Inc. now owns 15,477,880 shares of the company’s stock worth $387,608,000 after purchasing an additional 1,106,110 shares during the period. Finally, Raymond James Financial Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 2.3% during the first quarter. Raymond James Financial Inc. now owns 14,822,162 shares of the company’s stock worth $371,147,000 after purchasing an additional 332,496 shares during the period.

Schwab U.S. Large-Cap Growth ETF Stock Down 0.1%

Shares of NYSEARCA:SCHG opened at $32.50 on Friday. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.37 and a twelve month high of $32.54. The stock’s 50 day moving average is $31.09 and its 200-day moving average is $28.48. The firm has a market capitalization of $51.86 billion, a price-to-earnings ratio of 34.24 and a beta of 1.10.

About Schwab U.S. Large-Cap Growth ETF

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.