Schwab U.S. Large-Cap Growth ETF $SCHG is Richardson Capital Management LLC’s 2nd Largest Position

Richardson Capital Management LLC reduced its position in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 3.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,108,441 shares of the company’s stock after selling 44,702 shares during the period. Schwab U.S. Large-Cap Growth ETF comprises 16.8% of Richardson Capital Management LLC’s portfolio, making the stock its 2nd largest position. Richardson Capital Management LLC owned 0.07% of Schwab U.S. Large-Cap Growth ETF worth $35,370,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Whittier Trust Co. of Nevada Inc. lifted its holdings in Schwab U.S. Large-Cap Growth ETF by 16.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 2,232 shares of the company’s stock worth $72,000 after buying an additional 312 shares during the last quarter. Pinnacle Financial Partners Inc increased its stake in Schwab U.S. Large-Cap Growth ETF by 0.9% during the third quarter. Pinnacle Financial Partners Inc now owns 36,217 shares of the company’s stock valued at $1,156,000 after purchasing an additional 315 shares during the last quarter. Kennebec Savings Bank raised its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 6.6% during the third quarter. Kennebec Savings Bank now owns 5,298 shares of the company’s stock worth $169,000 after purchasing an additional 328 shares during the period. Dumont & Blake Investment Advisors LLC boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 1.3% in the 3rd quarter. Dumont & Blake Investment Advisors LLC now owns 26,803 shares of the company’s stock valued at $855,000 after buying an additional 336 shares during the period. Finally, Inspire Advisors LLC grew its position in shares of Schwab U.S. Large-Cap Growth ETF by 3.5% during the 2nd quarter. Inspire Advisors LLC now owns 10,038 shares of the company’s stock valued at $293,000 after buying an additional 342 shares during the last quarter.

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

Shares of SCHG opened at $32.31 on Monday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $21.37 and a 12 month high of $33.74. The stock has a fifty day moving average price of $32.53 and a 200 day moving average price of $31.73. The company has a market cap of $52.90 billion, a P/E ratio of 34.24 and a beta of 1.15.

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. 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.