NewEdge Advisors LLC Has $18.70 Million Stock Position in Schwab U.S. Large-Cap Growth ETF $SCHG

NewEdge Advisors LLC lessened its stake in shares of Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) by 4.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 641,883 shares of the company’s stock after selling 30,969 shares during the quarter. NewEdge Advisors LLC’s holdings in Schwab U.S. Large-Cap Growth ETF were worth $18,698,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Advisortrust Partners LLC bought a new stake in Schwab U.S. Large-Cap Growth ETF during the 1st quarter worth $25,000. Garton & Associates Financial Advisors LLC bought a new position in Schwab U.S. Large-Cap Growth ETF in the fourth quarter valued at about $27,000. Center for Financial Planning Inc. bought a new position in Schwab U.S. Large-Cap Growth ETF in the first quarter valued at about $28,000. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 1,922.6% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 1,072 shares of the company’s stock valued at $35,000 after purchasing an additional 1,019 shares in the last quarter. Finally, MBM Wealth Consultants LLC acquired a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the first quarter valued at about $48,000.

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

SCHG opened at $35.78 on Friday. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $27.96 and a fifty-two week high of $35.91. The company’s 50 day moving average price is $34.09 and its two-hundred day moving average price is $32.50. The firm has a market capitalization of $62.78 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.