Schwab U.S. Large-Cap Growth ETF $SCHG Shares Sold by HB Wealth Management LLC

HB Wealth Management LLC trimmed its holdings in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 5.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,737,859 shares of the company’s stock after selling 96,859 shares during the quarter. HB Wealth Management LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $50,624,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Valpey Financial Services LLC lifted its position in Schwab U.S. Large-Cap Growth ETF by 3,085.3% during the 4th quarter. Valpey Financial Services LLC now owns 8,003,802 shares of the company’s stock worth $245,365,000 after acquiring an additional 7,752,527 shares during the period. Focus Partners Wealth raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 655.4% during the fourth quarter. Focus Partners Wealth now owns 6,602,251 shares of the company’s stock worth $215,286,000 after purchasing an additional 5,728,214 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 9.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock worth $1,231,238,000 after purchasing an additional 3,230,427 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 7,909.6% during the fourth quarter. Thrivent Financial for Lutherans now owns 3,110,459 shares of the company’s stock worth $101,473,000 after purchasing an additional 3,071,625 shares during the period. Finally, BlueStem Wealth Partners LLC purchased a new position in Schwab U.S. Large-Cap Growth ETF in the 4th quarter valued at $92,090,000.

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

Shares of Schwab U.S. Large-Cap Growth ETF stock opened at $34.12 on Friday. The company has a market cap of $59.52 billion, a P/E ratio of 34.24 and a beta of 1.19. Schwab U.S. Large-Cap Growth ETF has a one year low of $27.96 and a one year high of $35.42. The firm has a fifty day moving average of $33.85 and a two-hundred day moving average of $32.20.

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.