Sequoia Financial Advisors LLC trimmed its position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG – Free Report) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 991,224 shares of the company’s stock after selling 16,649 shares during the period. Sequoia Financial Advisors LLC owned 0.06% of Schwab U.S. Large-Cap Growth ETF worth $33,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sei Investments Co. raised its stake in shares of Schwab U.S. Large-Cap Growth ETF by 7.6% in the first quarter. Sei Investments Co. now owns 47,564,768 shares of the company’s stock worth $1,385,562,000 after purchasing an additional 3,356,829 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Schwab U.S. Large-Cap Growth ETF by 9.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 37,744,872 shares of the company’s stock valued at $1,231,238,000 after buying an additional 3,230,427 shares during the last quarter. LPL Financial LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 7.8% in the 4th quarter. LPL Financial LLC now owns 34,166,654 shares of the company’s stock worth $1,114,516,000 after buying an additional 2,464,714 shares during the period. Mariner LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 12.5% in the 4th quarter. Mariner LLC now owns 20,078,592 shares of the company’s stock worth $654,968,000 after buying an additional 2,229,203 shares during the period. Finally, Cetera Investment Advisers raised its position in Schwab U.S. Large-Cap Growth ETF by 5.9% during the 1st quarter. Cetera Investment Advisers now owns 17,955,640 shares of the company’s stock worth $523,048,000 after buying an additional 995,373 shares during the last quarter.
Schwab U.S. Large-Cap Growth ETF Trading Down 0.7%
Shares of NYSEARCA SCHG opened at $35.01 on Thursday. Schwab U.S. Large-Cap Growth ETF has a 12 month low of $27.96 and a 12 month high of $36.11. The company has a 50 day simple moving average of $34.89 and a two-hundred day simple moving average of $33.16. The stock has a market cap of $61.43 billion, a price-to-earnings ratio of 34.24 and a beta of 1.19.
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.
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