Thrivent Financial for Lutherans Boosts Stake in Schwab U.S. Large-Cap Growth ETF $SCHG

Thrivent Financial for Lutherans grew its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 296.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,020,286 shares of the company’s stock after buying an additional 1,510,579 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Schwab U.S. Large-Cap Growth ETF were worth $59,013,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 653.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after purchasing an additional 28,455,790 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 14.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 55,240,546 shares of the company’s stock worth $1,613,576,000 after purchasing an additional 6,979,991 shares during the period. RMG Wealth Management LLC purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the 2nd quarter worth about $142,573,000. Sei Investments Co. grew its position in Schwab U.S. Large-Cap Growth ETF by 11.0% during the second quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock valued at $1,336,220,000 after buying an additional 4,524,057 shares during the period. Finally, Mather Group LLC. increased its holdings in 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 buying an additional 1,836,380 shares during the last quarter.

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

Shares of SCHG stock opened at $32.50 on Monday. The firm has a market cap of $52.81 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a 52 week low of $21.37 and a 52 week high of $33.74. The firm’s 50-day simple moving average is $32.52 and its two-hundred day simple moving average is $30.85.

Schwab U.S. Large-Cap Growth ETF Company 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.